EUR/USD: bulls returned into market

EUR/USD: bulls returned into market

Technical levels: support – 1.1960; resistance – 1.2000, 1.2090.

Trade recommendations:

  1. Buy — 1.1960; SL — 1.1940; TP1 — 1.2000; TP2 – 1.2090.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are breaking out the upper bound of the Cloud and may going higher.





EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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