EUR/USD: euro corrected to Kijun-sen

EUR/USD: euro corrected to Kijun-sen

Technical levels: support – 1.1700; resistance – 1.1770.

Trade recommendations:

  1. Sell — 1.1750; SL — 1.1770; TP1 — 1.1700; TP2 – 1.1650

Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are under the Cloud’s resistance.

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eur

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USD/JPY: Dollar entered into Cloud

Bearish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are entered into cloudy area and may continue growing up.

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Morning brief for May 30

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