EUR/USD: keeping stand above the Cloud

9 September 2016, 10:58
Eko Rediantoro
0
6

Technical levels: support – 1.1240/60; resistance – 1.1300/20.

Trade recommendations:

1. Buy — 1.1260; SL — 1.1240; TP1 — 1.1320; TP2 – 1.1380.

Reason: the prices are above the Cloud; a new golden cross of Tenkan-sen and Kijun-sen; a bullish Ichimoku Cloud.

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