Recommendation: BUY 1…
EUR/USD: euro made new highs
Technical levels: support – 1.1770; resistance – 1.1850.
- Buy — 1.1790; SL — 1.1770; TP1 — 1.1850; TP2 – 1.1880
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are made a new highs and corrected to the support of Tenkan-sen.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…
GBP/JPY broke support level 141…