EUR/USD: ready to continue uptrend

EUR/USD: ready to continue uptrend

Technical levels: support – 1.1910; resistance – 1.1960, 1.1990.

Trade recommendations:

  1. Buy — 1.1910; SL — 1.1890; TP1 — 1.1960; TP2 – 1.1990.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are on the support of Tenkan-sen and Kijun-sen and breaking out the SSA’s resistance.

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eur

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