USD/JPY Forecast: the Dollar reached main daily resistance

jpyTechnical levels: support – 108.00, 109.00; resistance – 109.30/60.

Trade recommendations:

Sell — 109.50; SL — 109.70; TP1 — 109.00; TP2 — 108.20.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is overbought and under the main daily resistance.

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