USD/JPY: the Dollar went higher
Technical levels: support – 114.00; resistance – 114.50, 115.00.
Trade recommendations:
- Buy — 114.00/10; SL — 113.80; TP1 — 114.50; TP2 — 115.00.
Reason: expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is on the new highs and after short correction may start growing again.