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USD/JPY: dollar looks strong

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Technical levels: support – 110.50; resistance – 111.00.

Trade recommendations:

  1. Sell — 111.10; SL — 111.30; TP1 — 110.50.
  2. Buy — 110.50; SL — 110.30; TP1 — 111.00; TP2 — 111.30.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are under the main daily resistance, but the Bulls got a strength.

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