USD/JPY: dollar returned to Cloud
Technical levels: support – 113.40; resistance – 114.40.
Trade recommendations:
- Buy — 113.40; SL — 113.20; TP1 — 114.00; TP2 — 114.40.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are tested the resistance of 114.40 and returned to support of the Cloud.