EUR/USD: euro returned again to SSA

EUR/USD: euro returned again to SSA

Technical levels: support – 1.1160; resistance – 1.1210.

Trade recommendations:

  1. Buy — 1.1220; SL — 1.1200; TP1 — 1.1300; TP2 – 1.1340.
  2. Sell — 1.1180; SL — 1.1200; TP1 — 1.1080; TP2 – 1.1060

Reason: bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are returned to upper bounds of the Cloud after testing the support of Senkou Span B.




EUR/USD: euro updated lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.


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