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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 recommendations for EUR/USD

    Tatyana Norkina, FBS analyst

Yesterday the pair was trading in the range between $1.2600 and $1.2665. Lower limit of the corridor was formed by Senkou Span B, which kept the currency pair from falling into the Cloud on H1.

Ichimoku indicator. The pair recoiled up from the Senkou Span B and then bulls tried to break strong resistance at $1.2665. However, this level held the pair today – euro has noticeably dipped, punching support of the Kijun-sen. Obviously, if the pair breaks below $1.2620, the trade will once again switch into the negative zone. Otherwise, expect a strengthening of the bullish sentiment.

Technical levels: support - 1.2560, 1.2600, 1.2620; resistance - 1.2665.

Trading recommendations:

1. Buy - 1.2620; SL - 1.2600; TP1 - 1.2665.

2. Sell - 1.2590; SL - 1.2610; TP1 - 1.2560; TP2 - 1.2530.

EUR
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