EUR/USD: euro stayed above Tenkan-sen
Technical levels: support – 1.1250; resistance – 1.1360.
Trade recommendations:
- Buy — 1.1250/60; SL — 1.1230; TP1 — 1.1340; TP2 – 1.1360.
Reason: expanding bullish Ichimoku Cloud, but Senkou Span A is horizontal; a golden cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the market is overbought, but prices are supported by Tenkan-sen.