EUR/USD Forecast: euro on new lows

eu-l10Technical levels: support – 1.1670, 1.1620; resistance – 1.1760.

Trade recommendations:

Sell — 1.1760; SL — 1.1780; TP1 — 1.1670; TP2 — 1.1620;

Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market made a new lows and goes to correction to the Cloud.

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