268
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: the Euro continues its consolidation

During yesterday's session the Eurodollar has stayed above the support of 1.1060 which is formed by the Kijun-sen line. Its forced the prices to return to the lower bound of Ichimoku cloud. Today's trading takes place within the cloud, but we see the narrowing of the Tenkan-Kijun channel. This mean declining of buyers interest. Therefore we still expect a resumption of the downtrend.

Technical levels: support - 1.1060; resistance – 1.1110.

Trade recommendations:

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

EUR
Scroll to top