EUR/USD: euro located under daily resistance

EUR/USD: euro located under daily resistance

2019-11-11 • Updated

Technical levels: support – 1.0820; resistance – 1.0930.

Trade recommendations:

1. Sell — 1.0930; SL — 1.0950; TP1 — 1.0820; TP2 – 1.0800.

Reason: bullish Ichimoku Cloud, rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are under strong daily resistance.

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