FX & CFD trading involves significant risk
The cross has broken above the Ichimoku cloud top at Y116.50 with bulls now eyeing gains to Y117.10/25, where former is a resistance line from April 11 and latter the 38.2% of Y123.30-Y113.50 move. The daily studies are pointing increasingly higher and imply risk of an upside break to test Y117.90 resistance.
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