USD/JPY Forecast: the Dollar reached main 4H-resistance

jpyTechnical levels: support – 113.00; resistance – 114.00.

Trade recommendations:

Sell — 113.90; SL — 114.20; TP1 — 113.50; TP2 — 113.00.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the market reached the main levels on 4H-timeframe and may return to Cloud.


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