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EUR/USD: euro started to SSA

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Technical levels: support – 1.2230, 1.2270; resistance – 1.2350, 1.2400.

Trade recommendations:

  1. Buy — 1.2300; SL — 1.2280; TP1 — 1.2400; TP2 — 1.2450

Reason: narrowing bearish Ichimoku Cloud with raising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel; the prices are supported by Senkou Span B and going to upper border of the Ichimoku Cloud.

01-eurusdh4.png

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