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EUR/USD Ichimoku Signal- June 12

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
About 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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