EUR/USD is at the key support
EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
EUR/USD: euro bounced from SSB
Technical levels: support – 1.1750, 1.1680; resistance – 1.1825, 1.1880.
Trade recommendations:
- Buy — 1.1800; SL — 1.1680; TP1 — 1.1880; TP2 — 1.1920;
Reason: narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span B and returned to positive zone.
Tatyana Norkina
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