EUR/USD: euro bounced from Senkou Span B

EUR/USD: euro bounced from Senkou Span B

Technical levels: support – 1.1150; resistance – 1.1200.

Trade recommendations:

  1. Sell — 1.1180/90; SL — 1.1210; TP1 — 1.1150; TP2 – 1.1110.

Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market bounced from the top border of the Cloud and Bears may continue selling.

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eur

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