USD/JPY: dollar is on SSB’s support

USD/JPY: dollar is on SSB’s support

2019-11-11 • Updated

Technical levels: support – 112.30; resistance – 112.90

Trade recommendations:

  1. 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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