EUR/USD: euro fixed positions over Kijun-sen
Technical levels: support – 1.1725, 1.1700; resistance – 1.1760/70.
Trade recommendations:
- Sell — 1.1750; SL — 1.1770; TP1 — 1.1700; TP2 – 1.1650
Reason: bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are breakout the Kijun’s resistance, but there is a stronger resistance of the Cloud.