EUR/USD Forecast: euro entered into Cloud

euroTechnical levels: support – 1.1830; resistance – 1.1900, 1.1960.

Trade recommendations:

  1. Buy — 1.1850; SL — 1.1830; TP1 — 1.1900; TP2 – 1.1960.

Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices are returned into the cloudy area.

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