Technical levels: support – 1.2800; resistance – 1.2970.
Trade recommendations:
Sell — 1.2940; SL — 1.2970; TP1 — 1.2840; TP2 — 1.2800.
Reason: irregular bullish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun; the market tested the resistance of Senkou Span B, but the Bulls are looks weak.
