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USD/JPY: dollar near May’s highs
2019-11-11 • Updated
Technical levels: support – 110.50; resistance – 111.60.
- Sell — 111.60; SL — 111.80; TP1 — 110.90; TP2 — 110.50.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is growing after bouncing from the Cloud’s support.
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