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: the spring continues to shrink

The currency pair USD/JPY continues to stay above the Tenkan-Sen line. The Bulls could not continue the uptrend despite its efforts. As we said earlier, there is a strong resistance in the area of 106.30/40. Therefore, if today this level will not be passed, we will expect a correction to the Ichimoku cloud.

Technical levels: support – 105.10; resistance – 106.00, 106.40.

Trade recommendations:

1. Sell — 106.00; SL — 106.20; TP1 — 105.10; TP2 — 104.10.

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