EUR/USD: euro is going to Cloud’s support

EUR/USD: euro is going to Cloud’s support

2019-11-11 • Updated

Technical levels: support – 1.0800, 1.0780; resistance – 1.0930.

Trade recommendations:

1. Buy — 1.0780; SL — 1.0760; TP1 — 1.0880; TP2 – 1.0930.

Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are near the support of the Cloud.

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