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EUR/USD: euro reached new highs

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Technical levels: support – 1.2270; resistance – 1.2390.

Trade recommendations:

  1. Buy — 1.2310/20; SL — 1.2300; TP1 — 1.2390; TP2 — 1.2430

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are supported by Cloud, Tenkan-sen and Kijun-sen and a market is ready to go higher.

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