USD/JPY: the Dollar on Kijun’s support

USD/JPY: the Dollar on Kijun’s support

Technical levels: support – 107.20; resistance – 107.80.

Trade recommendations:

  1. Buy — 107.20; SL — 107.00; TP1 — 107.80; TP2 — 108.20.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen.

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jpy

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