Ichimoku cloud analysis: EUR/USD, BTC/USD, USD/CNH
EURUSD is trading at 1.2119 above the Ichimoku Cloud, suggesting an uptrend. A test of the lower border of the Cloud at 1.2070 is expected, followed by growth to 1.2230. An additional signal confirming the growth will be a bounce off the lower border of the ascending channel. The growth will be canceled in the case of a breakaway of the lower border of the Cloud and securing under 1.2030, which will mean further decline to 1.1955. The growth will be confirmed by a breakaway of the resistance area and securing above 1.2150, which will mean an inverted Head and Shoulders pattern is complete.
