EUR/USD: euro returned into positive area again

EUR/USD: euro returned into positive area again

2019-11-11 • Updated

Technical levels: support – 1.1690; resistance – 1.1760.

Trade recommendations:

  1. Buy — 1.1700; SL — 1.1680; TP1 — 1.1760; TP2 – 1.1800.

Reason: narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in positive area after Friday’s bull’s rally.

01-eurusdh4.png

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