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  4. EUR/USD Ichimoku Signal- June 12
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EUR/USD Ichimoku Signal- June 12

By Alp Kocak
Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

By: DailyForex.com

Currency: EUR/USD
Trend Expected Direction: Down
Method: Ichimoku, Technical Analysis
Description: EUR/USD found support at 1.2470 and H4 chart signals a possible bullish attempt. This position is against the current trend so when the pair hits 1.2530, move your stop-loss to entry level.
Recommendation: Long
Entry: 1.2490
Target Area: 1.2560 and 1.2595
Stop-Loss: 1.2465

EUR/USD Ichimoku Signal - June 12, 2012

Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

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