USD/JPY: dollar corrected to Kijun-sen

USD/JPY: dollar corrected to Kijun-sen

Technical levels: support – 109.00; resistance – 109.750.

Trade recommendations:

  1. Sell — 109.40/50; SL — 109.70; TP1 — 109.00; TP2 — 108.60.

Reason: bearish Ichimoku Cloud, but Senkou Span A and B are horizontal; a dead cross of Tenkan-sen and Kijun-sen; the market has been corrected to Kijun-sen; waiting to continue of downtrend.

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