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USD/JPY: the Dollar in positive mood

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Technical levels: support – 112.80; resistance – 114.00.

Trade recommendations:

  1. Sell — 113.80; SL — 114.00; TP1 — 113.20; TP2 — 112.80.

Reason: irregular narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market in positive area, but there is a strong resistance near 114.00.

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