USD/JPY Forecast: dollar in correction to Cloud

jy-l3Technical levels: support – 112.40; resistance – 113.00

Trade recommendations:

Buy — 112.40; SL — 112.20; TP1 — 112.80; TP2 — 113.00.
Reason: bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal; the prices goes to the Cloud in a correctional movement.

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