Technical levels: support – 110.60; resistance – 112.60/80.
Trade recommendations:
Sell — 112.60; SL — 112.80; TP1 — 111.60; TP2 — 111.10.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market has updated the local highs and overbought now.
