Irregular bullish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun.
USD/JPY: Dollar returned to Cloud
Technical levels: support – 110.40; resistance – 111.40.
1. Sell — 111.20; SL — 111.40; TP1 — 110.00; TP2 — 109.40.
Reason: bearish Ichimoku Cloud, but Senkou Span A is rising; cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are under strong resistance of the Cloud.
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
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