Currency: EUR/USD
Trend Expected Direction: Flat
Method: Ichimoku, Technical Analysis
Description: EUR/USD found support at the bottom of its ascending trade channel and turned north. 30M and 1H charts are bullish as prices are moving above the kumo. We also have bullish Tenkan-sen and Kijun-sen crosses.
Recommendation: Long
Target Area: 1.2385
Stop-Loss: 1.2290
Did you like what you read? Let us know what you think!
Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate will also be removed.
Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate will also be removed.