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.

USD/JPY: bulls remain active

   By Tatyana Norkina

USD/JPY returned up to 115.80 on Wednesday getting support from Kijun-sen (blue line at 115.00). The market is bullish as the Golden Cross is active and the Ichimoku Cloud keeps expanding to the upside.

At the same time, MACD divergence means that traders should be cautious with longs.

Technical levels: support – 115.70; resistance – 115.80.

Trade recommendations:

1. Buy — 115.70; SL — 115.50; TP1 — 116.00; TP2 — 116.50.

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