FBS Markets Inc.

EUR/USD: euro returned to positive area

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Technical levels: support – 1.1890; resistance – 1.1960.

Trade recommendations:

  1. Buy — 1.1890; SL — 1.1870; TP1 — 1.1960; TP2 – 1.2000.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are returned to the positive area and may continue uptrend.

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