Recommendation: BUY 0…
USD/JPY: the Dollar on Kijun’s support
Technical levels: support – 107.20; resistance – 107.80.
- 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.
Recommendation: SELL 1…
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market had bounced from the 2Y-highs and going to correction.