EUR/USD Forecast: euro inside a Cloud

Euro4Technical levels: support – 1.1350; resistance – 1.1460.

Trade recommendations:

  1. Sell — 1.1460; SL — 1.1480; TP1 — 1.1400; TP2 — 1.1350.

Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the prices inside a Cloud, but there is a strong resistance of Senkou Span B.

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