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 returned to Cloud
2022-04-15 • Updated
Technical levels: support – 113.40; resistance – 114.40.
- Buy — 113.40; SL — 113.20; TP1 — 114.00; TP2 — 114.40.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are tested the resistance of 114.40 and returned to support of the Cloud.
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