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USD/JPY: the Dollar updated August’s lows
2019-11-11 • Updated
Technical levels: support – 109.80; resistance – 110.30.
- Sell — 110.30; SL — 110.50; TP1 — 109.80; TP2 — 109.20.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen; the market keep staying in negative mood and may continue existing downtrend.
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