EUR/USD: euro reached SSA and Kijun’s resistance

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Technical levels: support – 1.1770, 1.1730; resistance – 1.1825.

Trade recommendations:

  1. Sell — 1.1790; SL — 1.1810; TP1 — 1.1730; TP2 – 1.1700

Reason: bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are returned to the Senkou Span A and Kijun’s resistance and may continue the downtrend.

01-eurusdh4.png

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