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USD/JPY: market is in cloudy area
2019-11-11 • Updated
Technical levels: support – 112.30; resistance – 113.00.
- Sell — 113.00; SL — 113.20; TP1 — 112.30; TP2 — 111.80.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is inside a Cloud and will test the SSB’s resistance.
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