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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: rising to the cloud

The Eurodollar has corrected to the Tenkan-Sen and Kijun-sen on four-hour timeframe during yesterday’s session. Horizontal lines held off that rising in the area of 1.1060. During this time there was a cancellation of a dead cross, but preserved the basic downward trend.

The Bulls punched the resistance of Tenkan and Kijun lines this morning. Therefore the rising is possible to lower bound’s levels of the Ichimoku cloud. After that we expect the resumption of downtrend.

Technical levels: support - 1.1060; resistance – 1.1100.

Trade recommendations:

1. Sell — 1.1100; SL — 1.1120; TP1 — 1.1000; TP2 — 1.0950.

EUR
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