What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…
USD/JPY reached new highs
2019-11-11 • Updated
Technical levels: support – 111.60; resistance – 112.60.
- Buy — 111.60/70; SL — 111.40; TP1 — 112.60; TP2 — 113.00.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the Bulls goes to new highs of two last weeks.
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