Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
USD/JPY: Dollar’s falling continue
2019-11-11 • Updated
Technical levels: support – 110.00; resistance – 110.50.
- Sell — 110.50; SL — 110.70; TP1 — 110.00; TP2 — 109.60.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen, horizontal lines; the prices are made the new low – waiting for the correction to Tenkan an Kijun.
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