Technical levels: support – 0.7160; resistance – 0.7230
Trade recommendations:
Sell — 0.7230; SL — 0.7250; TP1 — 0.7160; TP2 — 0.7120.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the market is made new lows but oversold now, expected corrections to Tenkan-sen.
