Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

EUR/USD with Tatyana Norkina (June 4)

Tatyana Norkina, FBS analyst

It’s difficult for the bulls to break resistance at $1.3650. It showed in yesterday’s trading, during which the pair has barely tested this mark and immediately returned to the Ichimoku Cloud on H1.

Ichimoku indicator. The Golden Cross immediately lost its power and may soon disappear altogether. The Ichimoku Cloud has also narrowed to a minimum that indicates the uncertainty of market participants.

Note that on H1 the underlying trend is still bearish. Therefore, the continuation of the downtrend may be just around the corner.

Technical levels: support - $1.3610, $1.3590; resistance - $1.3630, $1.3650.

Trade recommendations:

1 . Sell - $1.3610; SL - $1.3630; TP1 - $1.3550; TP2 - $1.3505.

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