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USD/JPY: the Bears may continue downtrend
2019-11-11 • Updated
Technical levels: support – 110.00; resistance – 111.50.
- Sell — 110.70; SL — 110.90; TP1 — 110.00; TP2 — 109.70.
Reason: bearish Ichimoku Cloud with falling Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the market keep staying under the Cloud’s resistance.
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