USD/JPY: BULLS TESTED SSA’S RESISTANCE
18.10.2017
Technical levels: support – 112.00; resistance – 112.40, 112.90.
Trade recommendations:
1. Buy — 112.20; SL — 112.00; TP1 — 112.90; TP2 — 113.40.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are supported by Tenkan-sen and Kijun-sen and will going to positive area.
More:
https://fbs.com/analytics/articles/u...esistance-4458