EUR/USD Forecast: euro keep staying on daily support

EuroUSDTechnical levels: support – 1.1460; resistance – 1.1500.

Trade recommendations:

  1. Sell — 1.1500; SL — 1.1520; TP1 — 1.1460; TP2 — 1.1390.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun; the prices are tested daily support on 1.1460 again and may return to Tenkan-sen and Kijun-sen.

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