EUR/USD: euro keep staying inside cloud

EUR/USD: euro keep staying inside cloud

Technical levels: support – 1.1490; resistance – 1.1590, 1.1620.

Trade recommendations:

  1. Sell — 1.1620; SL — 1.1630; TP1 — 1.1520; TP2 — 1.1490;

Reason: narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market keep staying inside a Cloud after the powerful bullruns.

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