EUR/USD: euro in consolidation on Tenkan-sen

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Technical levels: support – 1.1630; resistance – 1.1670.

Trade recommendations:

  1. Sell — 1.1670; SL — 1.1690; TP1 — 1.1600; TP2 – 1.1580

Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are in consolidation inside a channel of Tenkan-Kijun.

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