USD/JPY: Dollar going lower
Technical levels: support – 108.70; resistance – 110.00.
Trade recommendations:
1. Sell — 109.80; SL — 110.00; TP1 — 108.70; TP2 — 108.20.
Reason: bearish Ichimoku Cloud, falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are made the new lows of the year.