EUR/USD Forecast: euro supported by Kijun-sen

forex_news_eur_usd_1Technical levels: support – 1.2160, 1.2130; resistance – 1.2260.

Trade recommendations:

Buy — 1.2130; SL — 1.2110; TP1 — 1.20200; TP2 – 1.2260.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the support of Kijun-sen, but correction may continue to Cloud’s levels.

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