FBS Markets Inc.

EUR/USD: euro entered into positive area

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Technical levels: support – 1.2000; resistance – 1.2070.

Trade recommendations:

  1. Buy — 1.2000; SL — 1.1980; TP1 — 1.2070; TP2 — 1.2130

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are breaking out SSA’s resistance.

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