USD/JPY: the Dollar rose into positive area

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Technical levels: support – 111.50; resistance – 112.00, 112.60.

Trade recommendations:

  1. Buy — 111.80; SL — 111.50; TP1 — 112.60; TP2 — 113.00.

Reason: bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market is broke Cloud’s resistance and entered into positive zone.

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