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USD/JPY: the Dollar fell to Senkou Span B

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Technical levels: support – 112.50; resistance – 113.40.

Trade recommendations:

  1. Buy — 112.70/80; SL — 112.50; TP1 — 113.40; TP2 — 113.80.

Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market fell to support of the Cloud’s bottom border and may bounce to Kijun-sen.

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