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USD/JPY: Dollar rising to Cloud
2022-04-15 • Updated
Technical levels: support – 106.00; resistance – 107.15.
- Sell — 107.15; SL — 107.35; TP1 — 106.30; TP2 — 106.00.
Reason: narrowing bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the market is in correctional movement to the Cloud.
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