Check USD/TRY
USD/TRY has moved sharply down this week falling to the support line since the end of November.
EUR/USD: bulls can return to Cloud
Technical levels: support – 1.1550, 1.1580; resistance – 1.1620, 1.1640.
Trade recommendations:
- Sell — 1.1620; SL — 1.1640; TP1 — 1.1580; TP2 – 1.1550
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fixed inside a channel of Tenkan-Kijun and may go to the bottom border of a Cloud.
Tatyana Norkina
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