It was an intense week across all the markets! We saw decent movements of major pairs, gas, stock indices, and oil prices. What should we trade this week? Time to check!
USD/JPY: dollar ready to continue uptrend
2022-04-15 • Updated
Technical levels: support – 113.70; resistance – 114.40.
- Buy — 113.70; SL — 113.50; TP1 — 114.40; TP2 — 114.80.
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 entered into the positive area and fixed up on Kijun-sen and Senkou Span A.
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