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EUR/USD: euro in correction to Kijun

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Technical levels: support – 1.1330; resistance – 1.1440.

Trade recommendations:

  1. Buy — 1.1340; SL — 1.1310; TP1 — 1.1400; TP2 – 1.1440.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun; the market made new lows under the main daily support 1.1330 and now in correction movement.

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