Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
USD/JPY: Dollar supported by Kijun-sen
2019-11-11 • Updated
Technical levels: support – 112.30; resistance – 113.20, 113.60.
- Buy — 112.50; SL — 112.30; TP1 — 113.20; TP2 — 113.60.
Reason: bullish Ichimoku Cloud and rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices supported by Tenkan-sen and Kijun-sen and may go higher.
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