EUR/USD: the Bears continue attacks

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Technical levels: support – 1.1390; resistance – 1.1520.

Trade recommendations:

  1. Sell — 1.1500; SL — 1.1520; TP1 — 1.1460; TP2 — 1.1390;

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market made the new lows of September and may continue existing downtrend.

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