ForexKei-Official

USDJPY bullish by Ichimoku

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Comment:

USDJPY Daily timeframe is showing bullish momentum as per Ichimoku analysis.

Ichimoku Trend Analysis:

- Kumo (Senko span A) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles

Next Scenario:

Market could reverse at 114.70 level as this is the previous resistance level from Nov 2017. Once it breaks that level, the next target is at 115.50 level.

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