EUR/USD Forecast: euro is still overbought

eu2-300x160Technical levels: support – 1.1160, 1.1130; resistance – 1.1170, 1.1220.

Trade recommendations:

1. Sell — 1.1220; SL — 1.1240; TP1 — 1.1080; TP2 – 1.1050.

Reason: bullish Ichimoku Cloud; golden cross of Tenkan and Kijun, but there is still an overbought market.

Origin: FX BAZOOKA

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