EUR/USD: euro supported by Senkou Span B

EUR/USD: euro supported by Senkou Span B

2019-11-11 • Updated

Technical levels: support – 1.0600; resistance – 1.0660, 1.0715.

Trade recommendations:

1. Buy — 1.0620; SL — 1.0600; TP1 — 1.0660; TP2 – 1.0715.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are in a same value; the prices are supported by bottom border of the Cloud.

 

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