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USD/JPY: dollar on November’s lows
2019-11-11 • Updated
Technical levels: support – 111.00; resistance – 112.00.
- Buy — 111.20/30; SL — 111.00; TP1 — 112.00.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; but the market is oversold and placed on the strong daily support.
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