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.

Norkina: Positive for EUR is remained

 Tatiana Norkina, FBS analyst

EURUSD concluded the previous week on a positive note. The currency pair rate has increased to 14th figure and the bullish sentiment is likely to remain in the market in the near future. Indeed, the four-hour Ichimoku indicator has totally reformed towards the buyers: the bullish cloud and the golden cross will lead to further purchases of the pair.
At the same time, we are observing a powerful resistance in the 1.1400 range that may provoke a correctional decline to the Tenkan or Kijun lines.

Technical levels: support - 1.1310; resistance - 1.1400.

Trading recommendations:

1. Sell - 1.1400; SL - 1.1420; TP1 - 1.1350; TP2 - 1.1310.

2. Buy - 1.1310; SL - 1.1290; TP1 - 1.1400; TP2 - 1.1430.

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