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: Bulls stopped the falling

Tatiana Norkina, FBS analyst

Bulls managed to break through the resistance of 1.2490 during Friday trade, which opened the way for growth up to the upper border of the four-hour Ichimoku cloud. Active steps are currently taking place in the area of the cloud and with the support of Tenkan and Kijun the pair can jump to 1.2600 / 20 support area.

The oscillators turned to the top: MACD histogram is growing and RSI is situated closely to the upper border of the range.

Therefore if prices are fixed above 1.2490, we are on the side of the buyers.

Technical levels: Support - 1.2490; resistance - 1.2600.

Trading recommendations:

1. Buy - 1.2490; SL - 1.2470; TP1 - 1.2600; TP2 - 1.2620.

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