Thursday, October 15, 2026

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USD/JPY continues to trade above cloud bullish

Steep intra-day fall on Tuesday allowed getting long overnight Pair continues trading above Ichimoku cloud indicating upside potential Daily close above tenkan line at the 118.98 level required Tenkan & kijun lines remai…

By Meredith J C Warren
1 min read
USD/JPY continues to trade above cloud bullish
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  • Steep intra-day fall on Tuesday allowed getting long overnight

  • Pair continues trading above Ichimoku cloud indicating upside potential

  • Daily close above tenkan line at the 118.98 level required

  • Tenkan & kijun lines remain aligned positively

  • Caution to bulls, however, due to Tuesday's long shadow line

 

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