FBS Markets Inc.

EUR/USD: hard days of Euro

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Technical levels: support – 1.2290; resistance – 1.2360.

Trade recommendations:

  1. Buy — 1.2380; SL — 1.2360; TP1 — 1.2480; TP2 — 1.2520
  2. Sell — 1.2280; SL — 1.2300; TP1 — 1.2210; TP2 — 1.2130

Reason: narrow bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fell down into the negative area.

01-eurusdh4.png

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