USD/JPY Forecast: dollar testing 3W-resistance

jy-l3Technical levels: support – 110.30; resistance – 111.10.

Trade recommendations:

Buy — 110.30; SL — 110.10; TP1 — 111.10; TP2 — 111.50.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market returned to 3W-highs and the Bulls looks strong.

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