The EURUSD price action had been volatile for the past few weeks, fundamentally and technically.
Ichimoku Technical
The very recent move of the price action revealed an accelerated upward move.
Prior to that, tenkan-san cut above the jikun sen some distant below the kumo cloud low. The price action itself began to move above the jikun-sen and tenkan sen and quickly into the kumo cloud region.
The chikou span also cut above the jikun-sen, while below the kumo cloud.
Ichimiku Strategy
Established a long position in EURUSD while the chikou span cut above the jikun-sen, a recut if technically speaking.
Looking forward, depending how the price action reveals itself, a touch at the tenkan-sen could provide opportunity to go long.
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