GBP/NZD reversed from support zone Next buy targets - 1…
USD/JPY broke resistance level 112.90
- USD/JPY broke resistance level 112.90
- Next buy target - 114.00
USD/JPY has been rising in the last few trading sessions inside the minor impulse wave 3 which broke through the resistance trendline of the daily down channel from the end of October and the resistance level 112.90 – which stopped the pair earlier this month. USD/JPY is expected to rise to the next buy target at the next resistance level 114.00 (which reversed the price in October and November).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…