As I've predicted that the rebound of the EUR / USD is limited to the 1.4280-1.4355 area. As with my previous forecast when EUR / USD below the 1.4440/60 area, then it is in a very strong bearish pressure. Let's see in H4 chart with ichimoku cloud startegy
Ichimoku Kinkyo Analayzed and Fibonacci retracement
Bearish Cloud at H4 EUR/USD Chart:
senkou SPAN A ( use as resistent) lie in 1.4345/50 area
senkou SPAN B (use as strong resistant) lies in 1.4380/90 area
tenkan: 1.4148/50
kijun: 1.4050/65
Fibonacci retracement 61.8% (H4) lie at 1.4285
Strategy SELL ON RALLIES when EUR/USD at 1.4080-1.4280, stop in 1.4350-1.4440 area with target 1.4000, 1.3900 and 1.3685 ( Long-Term Startegy)
pending sell order at 1.4095/1.4100 TP 1.4055, 1.4000 SL 1.4283
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