EURUSD is trading at 1.1848 inside the Ichimoku Cloud, suggesting a flat. A test of the upper border of the Cloud near 1.1870 is expected, followed by falling to 1.1685. An additional signal confirming the decline will be a bounce off the resistance level.
The decline will be canceled in the case of a breakaway of the upper border of the Cloud and closing above 1.1965, which will mean further growth to 1.2055. The growth might be confirmed by a breakaway of the lower border of the ascending channel and securing under 1.1755.
Orgin: RoboForex
