Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines
EUR/USD: hard days of Euro
Technical levels: support – 1.2290; resistance – 1.2360.
- Buy — 1.2380; SL — 1.2360; TP1 — 1.2480; TP2 — 1.2520
- Sell — 1.2280; SL — 1.2300; TP1 — 1.2210; TP2 — 1.2130
Reason: narrow bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fell down into the negative area.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen
On the daily chart of USD/JPY, after the pair reached 113% target of the “Shark” there was a natural pullback.
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
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