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: the Dollar fell to Senkou Span B
2019-11-11 • Updated
Technical levels: support – 112.50; resistance – 113.40.
- Buy — 112.70/80; SL — 112.50; TP1 — 113.40; TP2 — 113.80.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market fell to support of the Cloud’s bottom border and may bounce to Kijun-sen.
What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…
This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!