Technical levels: support – 1.2750; resistance – 1.2900.
Trade recommendations:
Sell — 1.2900; SL — 1.2920; TP1 — 1.2800; TP2 — 1.2750.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market corrected to the channel Tenkan-Kijun; waiting for the bounce from Kijun-sen.
