Technical levels: support – 0.7840; resistance – 0.7900
Trade recommendations:
Buy — 0.7840/50; SL — 0.7820; TP1 — 0.7900.
Sell — 0.7900; SL — 0.7920; TP1 — 0.7800; TP2 — 0.7760.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and rising Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen and horizontal lines; the market is under strong resistance of 0.7900.
