GBP/CHF falling inside minor impulse 3 Next sell target - 1…
USD/JPY: the Dollar is under bears pressure
Technical levels: support – 110.70, 110.50; resistance – 111.20, 111.60.
- Buy — 110.60; SL — 110.40; TP1 — 111.20; TP2 — 111.60.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the market is in negative mood, but there is a strong daily supports near 110.50.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…