FOREX CALL: SELL EURUSD BELOW 99.50 TARGET 99.00 STOPLOSS 1.00
The pair is correcting after a bounce off the resistance level. It is going above the Ichimoku Cloud which indicates an uptrend. A test of the Kijun-Sen line is expected at 0.9945, followed by growth to 1.0305. An additional signal confirming the growth will be a bounce off the lower border of the bullish channel. The scenario can be cancelled by a breakaway of the lower border of the Cloud and securing under 0.9735, which will mean further falling to 0.9645. The growth will be confirmed by a breakaway of the upper border of the bullish channel and securing above 1.0175.
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