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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: uptrend in force

 Tatiana Norkina, FBS analyst

The currency pair has fixed above the 121st figure. The key support was the Kijun-sen line in the 121.00 area. Bouncing from it, the pair resumed growth and is currently trying to maintain positions above the Tenkan-sen line.

All indicators are quite positive. Therefore, in our opinion, we should expect a rebound from Tenkan-sen upwards with the goal of further recovery in the near future.

Technical levels: support – 121.30/40; resistance – 122.00, 122.50, 122.90, 123.20.

Trade recommendations:

1. Buy— 121.35; SL — 121.15; TP1 — 122.00; TP2 — 122.50.

JPY
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