EUR/USD: euro fixed positions over Kijun-sen

EUR/USD: euro fixed positions over Kijun-sen

Technical levels: support – 1.1725, 1.1700; resistance – 1.1760/70.

Trade recommendations:

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

Reason: bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are breakout the Kijun’s resistance, but there is a stronger resistance of the Cloud.

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