EUR/USD: the Bulls’s strength is growing
Technical levels: support – 1.2380; resistance – 1.2450.
Trade recommendations:
- Buy — 1.2380; SL — 1.2360; TP1 — 1.2480; TP2 — 1.2520
Reason: narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines and narrowing channel Tenkan-Kijun; the prices returned to the positive area and may continue uptrend.