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EUR/USD: euro keep staying inside Cloud

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Technical levels: support – 1.1580; resistance – 1.1660.

Trade recommendations:

  1. Buy — 1.1600; SL — 1.1580; TP1 — 1.1660; TP2 — 1.1730;

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines and narrow channel of Tenkan-Kijun; the market keep staying inside a Cloud after double bouncing from SSB’s support.

01-eurusdh4.png

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