Technical levels: support – 0.7480; resistance – 0.7560
Trade recommendations:
- Sell — 0.7540; SL — 0.7560; TP1 — 0.7500; TP2 — 0.7480.
- Buy — 0.7480; SL — 0.7460; TP1 — 0.7530; TP2 — 0.7550.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are made a new lows, but there is a strong support on 0.7480.
