Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new cross of Tenkan-sen and Kijun-sen
EUR/USD: euro fell into Cloud again
Technical levels: support – 1.1700, 1.1640; resistance – 1.1770, 1.1820.
- 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.
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…