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.

EURUSD in vague

 Tatiana Norkina, FBS analyst

The major currency pair on Forex keeps trading within the four-hour Ichimoku cloud this morning. Friday's testing of the upper border did not bring the expected results - the bulls were forced to temporarily abandon plans for further transition to the positive area. However, the golden cross is evident to remain relevant. On the contrary, the Tenkan and Kijun lines have formed distinct support levels.

At the same time, the cloud is negative. Therefore, if the 1.1175 level is not passed during today's session, we can expect a long-term consolidation within the Ichimoku cloud.

Technical levels: support – 1.1100; resistance – 1.1175.

Trade recommendations:

1. Sell — 1.1175; SL — 1.1200; TP1 — 1.1100; TP2 — 1.1040.

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