Technical levels: support – 1.2290; resistance – 1.2380.
Trade recommendations:
Buy — 1.2290; SL — 1.2270; TP1 — 1.2380; TP2 — 1.2450
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are entered into the negative area, but there is a strong support on 1.2290.
