EUR/USD: euro going to 4W-lows

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Technical levels: support – 1.1060; resistance – 1.1140.

Trade recommendations:

  1. Sell — 1.1130; SL — 1.1150; TP1 — 1.1080; TP2 – 1.1060

Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; the cancelled dead cross of Tenkan-sen and Kijun-sen, but falling Kijun-sen; the prices are on the 4W-lows.

01-eurusdh4.png

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