EUR/USD: euro supported by Cloud

EUR/USD: euro supported by Cloud

Technical levels: support – 1.1750; resistance – 1.1820.

Trade recommendations:

  1. Buy — 1.1770; SL — 1.1750; TP1 — 1.1820; TP2 – 1.1890.

Reason: narrow Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen and rising Tenkan-sen; the prices are supported by the Cloud and may continue to rise.

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