EUR/USD: euro tested main resistance

EUR/USD: euro tested main resistance

Technical levels: support – 1.1800; resistance – 1.1850.

Trade recommendations:

  1. Buy — 1.1800; SL — 1.1780; TP1 — 1.1850; TP2 – 1.1880

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are a tested the main daily resistance, but the market needs a correction.

01-eurusdh4.png

eur

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EUR/USD: euro may update highs

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with expanding channel Tenkan-Kijun.

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