As is the custom, every new month in the financial market often presents long-term, swing trading opportunities for traders like you and me. Even better, FBS is usually there to provide insights into the expected trading opportunities through such analytical pieces as this.
USD/JPY: the Dollar fell to SSB
2019-11-11 • Updated
Technical levels: support – 113.00; resistance – 114.00.
- Buy — 113.00; SL — 112.80; TP1 — 113.50; TP2 — 114.00.
Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices returned to the cloud’s support.
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