EUR/USD Forecast: euro may update highs

eu-l14Technical levels: support – 1.1670; resistance – 1.1720.

Trade recommendations:

Buy — 1.1680; SL — 1.1660; TP1 — 1.1720; TP2 – 1.1780.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with expanding channel Tenkan-Kijun; the prices are supported by Tenkan and Kijun and may goes higher.

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