EUR/USD: euro fell into Cloud again

EUR/USD: euro fell into Cloud again

Technical levels: support – 1.1700, 1.1640; resistance – 1.1770, 1.1820.

Trade recommendations:

  1. Buy — 1.1640; SL — 1.1620; TP1 — 1.1700; TP2 – 1.1770.

Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices returned into the Cloud and will test the support of Senkou Span B.

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