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EUR/USD: euro found support on 1.2300

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Technical levels: support – 1.2300; resistance – 1.2380.

Trade recommendations:

  1. Buy — 1.2300/10; SL — 1.2280; TP1 — 1.2380; TP2 — 1.2450
  2. Sell — 1.2270; SL — 1.2300; TP1 — 1.2220; TP2 — 1.2180

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, Tenkan-sen is horizontal; the market is on the strong support of 1.2300.

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