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.

FBS: trade recommendation for EUR/USD

   Tatyana Norkina, FBS analyst

The pair fixed a new low of 1.2570 yesterday, just a bit above the strong H4 support.

Ichimoku. This level is strong, but bearish sentiment persists both on the H4 and H1 charts. Dead crosses and a descending cloud will likely trigger further sales from 1.2640/50. 

Technical levels: support – 1.2530, 1.2560, 1.2600; resistance – 1.2640/50, 1.2690.

Trade recommendation:

Sell — 1.2640/50; SL — 1.2670; TP1 — 1.2560; TP2 — 1.2530.

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