EUR/USD: bulls feels confident

EUR/USD: bulls feels confident

Technical levels: support – 1.0890; resistance – 1.0940, 1.0980.

Trade recommendations:

  1. 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.




Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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