Despite a slight decline from its highest levels since 2002, around 109 range, it is just a correction, and the green king, the US dollar, will resume its rally…
EUR/USD: euro entered inside Cloud
2019-11-11 • Updated
Technical levels: support – 1.2260; resistance – 1.2400.
- Buy — 1.2400; SL — 1.2420; TP1 — 1.2260; TP2 — 1.2220
Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with falling lines; the prices are entered inside a Cloud and may going to Senkou Span B’s support.
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