EUR/USD: euro in consolidation inside Cloud
Technical levels: support – 1.1620, 1.1590; resistance – 1.1690.
Trade recommendations:
- Sell — 1.1690; SL — 1.1710; TP1 — 1.1590; TP2 – 1.1545
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; a local trend is growing but there is a strong resistance of Senkou Span B.