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EURUSD is trading at 1.19 where we find the kijun-sen (yellow line indicator) resistance. A daily close above 1.1908 will open the way for a move higher towards the cloud resistance at 1.2050-1.21. A rejection here will push price back towards the tenkan-sen support at 1.18.
EURUSD continues its positive daily candlesticks as price breaks above the tenkan-sen (red line indicator). If bulls manage to capture the kijun-sen then we should see a move higher towards cloud resistance. Daily trend in terms of Ichimoku cloud indicator is still bearish as price is still below the cloud. Only in the 4 hour chart we had so far a trend change as price broke above the cloud. At the tenkan-sen (Red line indicator) we have important support (1.18-1.1820). The short-term trend changes if we break below that level.Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.