EUR/USD: euro testing SSB’s support

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Technical levels: support – 1.2260, 1.2320; resistance – 1.2400.

Trade recommendations:

  1. Buy — 1.2230/40; SL — 1.2210; TP1 — 1.2340; TP2 — 1.2370

Reason: bullish Ichimoku Cloud with falling Senkou Span A, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are on the strong support of Senkou Span B.

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