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.
EUR/USD: euro in correction to Cloud
Technical levels: support – 1.1830; resistance – 1.1960.
- Buy — 1.1850/60; SL — 1.1830; TP1 — 1.1900; TP2 – 1.1960
Reason: bullish Ichimoku Cloud, but with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices in a correctional movement, but will return to Tenkan and Kijun soon.
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