EUR/USD: euro returned inside a Cloud

EUR/USD: euro returned inside a Cloud

2019-11-11 • Updated

Technical levels: support – 1.1350; resistance – 1.1460.

Trade recommendations:

  1. Sell — 1.1420; SL — 1.1440; TP1 — 1.1350; TP2 — 1.1310.

Reason: narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are returned inside a Cloud and the Bears may start sales of euro.

01-eurusdh4.png

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