EUR/USD: on 4W-lows

Read the article on FBS website

Technical levels: support – 1.2220; resistance – 1.2250.

Trade recommendations:

  1. Sell — 1.2250; SL — 1.2270; TP1 — 1.2180; TP2 — 1.2110

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen and the lines are falling down; the market is on the 4W-lows and may go lower.

01-eurusdh4.png

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.