What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…
USD/JPY: Dollar fell into negative zone
2019-11-11 • Updated
Technical levels: support – 111.70/80; resistance – 112.60, 113.00.
- Buy — 111.90; SL — 111.70; TP1 — 113.00; TP2 — 113.30.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is on the strong support of the daily levels.
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