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EUR/USD: euro may enter into Cloud

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Technical levels: support – 1.1780; resistance – 1.1820.

Trade recommendations:

  1. Buy — 1.1830; SL — 1.1810; TP1 — 1.1900; TP2 – 1.1930.
  2. Sell — 1.1800; SL — 1.1820; TP1 — 1.1710; TP2 – 1.1650.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market supported by the Cloud, but  the correction may continue to Senkou Span B

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