USD/JPY: Dollar is in consolidation
Technical levels: support – 113.00, 112.40; resistance – 113.60.
Trade recommendations:
- Sell — 113.20; SL — 113.40; TP1 — 112.40; TP2 — 112.10.
Reason: narrow bullish Ichimoku Cloud; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are under the strong resistance on daily timeframe.