EUR/USD: euro may test SSB’s resistance

EUR/USD: euro may test SSB’s resistance

2019-11-11 • Updated

Technical levels: support – 1.1350; resistance – 1.1460.

Trade recommendations:

  1. Sell — 1.1460; SL — 1.1480; TP1 — 1.1400; TP2 — 1.1350.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are still inside a Cloud and may grow to levels of Senkou Span B.

01-eurusdh4.png

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