USD/JPY Forecast: hiding in a cloud

jpyTechnical levels: support – 104.60; resistance – 105.30, 105.60.

Trade recommendations:

1. Buy — 104.80; SL — 104.60; TP1 — 105.60; TP2 — 106.00.

Reason: the cancelled dead cross of Tenkan-sen and Kijun-sen; bullish Ichomoku Cloud and a Senkou Span A is growing up.

Origin: FX BAZOOKA

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