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 remaining within cloud

 Tatiana Norkina, FBS analyst

Trading on the major currency pair on Forex began with the rate's recovery to the 1.1245 mark today. However, the bulls can not yet overcome the horizontal Tenkan-Sen and Kijun-Sen lines resistance. The pair remains within the Ichimoku cloud, in close proximity to its lower border. The bearish cloud is obvious to trigger negative sentiment rise in the market. But if the bulls manage to keep at the current levels during the day, the currency pair rate might rise even to the 14th figure in the near future. Otherwise, we will expect an update of the past week's lows.

Technical levels: support – 1.1180, 1.1200; resistance – 1.1270/80.

Trade recommendations: out of market.


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