FBS Markets Inc.

EUR/USD: euro in negative mood

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Technical levels: support – 1.1830; resistance – 1.1880, 1.1960.

Trade recommendations:

  1. Buy — 1.1890; SL — 1.1870; TP1 — 1.1960; TP2 – 1.2000.
  2. Sell — 1.1850; SL — 1.1870; TP1 — 1.1760.

Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are under strong resistance of Kijun-sen and Senkou Span A.

01-eurusdh4.png

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