Daily timeframe
The general picture:
Last week, the pair EUR / USD remained in the range between the levels of 1.1371 and 1.1486, and on Friday it was able to make another spurt up, which allows the instrument to continue to be on its multi-month highs.
Trading recommendations:
The correction for the currency pair EUR / USD is formally continuing.
Explanations to the illustration:
Ichimoku Indicator:
Tenkan-sen is the red line.
Kijun-sen is the blue line.
Senkou Span A is the light brown dotted line.
Senkou Span B is the light purple dotted line.
Chinkou Span is the green line.
Bollinger Bands Indicator:
3 yellow lines.
MACD indicator:
Red line and histogram with white bars in the indicator window.
