EUR/USD: euro corrected to Kijun-sen

EUR/USD: euro corrected to Kijun-sen

2019-11-11 • Updated

Technical levels: support – 1.0760, 1.0740; resistance – 1.0800/20.

Trade recommendations:

1. Buy — 1.0740; SL — 1.0720; TP1 — 1.0800; TP2 – 1.0820.

Reason: bullish Ichimoku Cloud, but the Senkou Span A is falling; a golden cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are corrected to Kijun-sen and may continue correction to the Cloud.

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