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.

Dollar recovered against yen

 Tatiana Norkina, FBS analyst

The USD/JPY currency pair recovered into the ​120.20 resistance area again during yesterday's trading session. Trading started quite positively, with the prices consolidating within the four-hour Ichimoku cloud. Feeling the support of the cloud's lower border, market participants began to buy the dollar against the yen, and soon, the currency pair rate got into the bullish zone, above the cloud. By evening, the pair has tested another level in the 120.40/50 area, reflecting rising risk appetite among traders. However, despite the golden cross formed by the Tenkan and Kijun lines, the Ichimoku cloud is still not willing to change for the positive. We do not rule out further consolidation, with the prices return to the cloud.

Technical levels: support – 120.00; resistance – 120.60.

Trade recommendations: out of market.

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