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.


   By Tatyana Norkina, FBS

The pair entered the 0.8970-0.8990 resistance area. The bulls have already tested the upper boarder of this range yesterday, but the overbought market conditions are unlikely to let the price go up.

Ichimoku. On the H4 and H1 chart Chinkou Span points to a potential bearish move. Considering the resistance cluctered above the price, in the near term we expet to see a short-term trend reversal to the downside. 

Technical levels: support – 0.8945, 0.8970; resistance – 0.8990.

Trade idea:

Sell — 0.8980; SL — 0.9000; TP1 — 0.8945; TP2 — 0.8930.

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