USD/JPY Forecast: the Dollar supported by SSA

uasd-jpyTechnical levels: support – 111.00/20; resistance – 112.00, 112.60.

Trade recommendations:

Buy — 111.40; SL — 111.20; TP1 — 112.60; TP2 — 113.00.
Reason: bearish Ichimoku Cloud with rising Senkou Span B; an irregular dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market keep staying inside a Cloud above SSA’s support.


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