Ichimoku indicator analysis of USD/JPY for June 27, 2017

The USD/JPY is approaching some very critical medium-term trend resistance levels. The trend in the short-term remains bullish but the medium-term trend is bearish. Blue line – short-term support Short-term support is at 111. The price is above the 4-hour Kumo confirming that the short-term trend is bullish. Only a break below 111 will put […]