USD/JPY: going to the new highs
Yesterday's trading was a rather calm, in the consolidation to the Tenkan-Sen line. The currency pair has closely approached to the 103.90 support (which we mentioned yesterday) and has started growing again.
Ichimoku Cloud changed its character and now the situation on the market is fully bullish. But the Bulls can stopped by the 106th figure – there formed a powerful resistance.
Technical levels: support – 105.00; resistance – 106.00, 106.50.
1. Buy — 105.00; SL — 105.00; TP1 — 106.00; TP2 — 106.50.