Technical levels: support – 1.3900; resistance – 1.3975.
Trade recommendations:
Buy — 1.3940; SL — 1.3920; TP1 — 1.4035; TP2 — 1.4070.
Reason: expanding bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market made new local lows, but it’s extremely oversold.
