EUR/USD: Euro has entered the channel
During yesterday's session the major currency pair of Forex consolidated at the Tenkan-sen on the H4-timeframe. Obviously the market is not ready for new movements. It's confirmed by the Ichimoku’s indicator - all lines are directed horizontally.
We expect consolidation inside Tenkan-Kijun channel in the near future, but the sellers advantage is maintained by the general bearish mood of the indicator.
Technical levels: support - 1.1000, 1.1040; resistance - 1.1100 / 10.
1. Sell — 1.1100; SL — 1.1120; TP1 — 1.1040; TP2 — 1.1000.