Technical levels: support – 1.1580; resistance – 1.1620.
Trade recommendations:
Buy — 1.1570/80; SL — 1.1550; TP1 — 1.1620; TP2 — 1.1670;
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; but the market is extremely oversold – waiting for correctional movement to Cloud.
