Recommendation: BUY 0…
EUR/USD: bulls feels confident
Technical levels: support – 1.0890; resistance – 1.0940, 1.0980.
- Buy — 1.0890; SL — 1.0870; TP1 — 1.0940; TP2 – 1.0980.
Reason: narrow bullish Ichimoku Cloud, but rising Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; expected a new golden cross; the prices are resistance of Senkou Span A.
The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
GBP/CHF broke pivotal resistance level 1…