USD/JPY: the Dollar returned to 109.00
Technical levels: support – 108.00, 109.00; resistance – 109.50/60.
- Sell — 109.00; SL — 109.20; TP1 — 108.20; TP2 — 108.00.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market had reached the main daily resistance on 109.50/60 and extremely overbought now.
USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.