EUR/USD: euro inside weekly Cloud

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Technical levels: support – 1.1510; resistance – 1.1620.

Trade recommendations:

  1. Buy — 1.1510; SL — 1.1490; TP1 — 1.1620; TP2 — 1.1670;

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices entered into cloudy area in a weekly timeframe.

01-eurusdh4.png

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