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 is on SSB’s support
2019-11-11 • Updated
Technical levels: support – 112.30; resistance – 112.90
- Buy — 112.60; SL — 112.40; TP1 — 113.30; TP2 — 113.50.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the prices are supported by Senkou Span B.
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