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EUR/USD: euro in correction to Cloud

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Technical levels: support – 1.1830; resistance – 1.1960.

Trade recommendations:

  1. Buy — 1.1850/60; SL — 1.1830; TP1 — 1.1900; TP2 – 1.1960

Reason: bullish Ichimoku Cloud, but with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices in a correctional movement, but will return to Tenkan and Kijun soon.

01-eurusdh4.png

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