EUR/USD: euro looking for continue uptrend

EUR/USD: euro looking for continue uptrend

Technical levels: support – 1.1710; resistance – 1.1760.

Trade recommendations:

  1. Buy — 1.1770; SL — 1.1750; TP1 — 1.1850; TP2 – 1.1880

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span B and returned to upper border of the Cloud.




Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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