Technical levels: support – 0.7160; resistance – 0.7235.
Trade recommendations:
Sell — 0.7230; SL — 0.7250; TP1 — 0.7160; TP2 – 0.7090.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun; the prices are inside a 4H-Cloud and may test the upper border of the Cloud.
