Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

FBS: trade recommendation for USD/JPY

Tatiana Norkina, FBS analyst

Once the pair has managed to gain a foothold above support in the 101.70/101.80 area, the activity of bulls dramatically increased and so did the probability of further growth to the area of ​​102.10.

Ichimoku indicator.
Bullish bidders are observed both at H4 and H1. Indeed, the Ichimoku indicator on both timeframes has now a positive setup: there are bullish Clouds and Golden Crosses. In addition, at H1 the pair settled above Senkou Span A, then the Tenkan and Kijun formed a Golden cross.

The pair’s currently rising, but as it is overbought, the prices may return to the 101.90 support.

Technical levels: Support - 101.80, 101.90; resistance - 102.10, 102.30.

Trading recommendations:

1. Buy - 101.90; SL - 101.70; TP1 - 102.10; TP2 - 102.30.

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