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 entered into Cloud
2019-11-11 • Updated
Technical levels: support – 110.50; resistance – 111.00
- Buy — 111.00; SL — 110.80; TP1 — 111.50; TP2 — 112.00.
Reason: bearish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are entered into cloudy area and may continue growing up.
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