EUR/USD: euro correcting to Cloud

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Technical levels: support – 1.1330; resistance – 1.1510.

Trade recommendations:

  1. Sell — 1.1490; SL — 1.1510; TP1 — 1.1440; TP2 – 1.1330.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is in correctional movement to Cloud.

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