GBP/CHF falling inside minor impulse 3 Next sell target - 1…
USD/JPY: dollar going to annual maximums
Technical levels: support – 110.60; resistance – 112.60/80.
- Sell — 112.60; SL — 112.80; TP1 — 111.60; TP2 — 111.10.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market has updated the local highs and overbought now.
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…