Sell on a level breakthrough of 0.7275 with 0.7200 target. Stop loss = 0.7325.
Reason for the trading strategy
The decline in the business activity index in the manufacturing sectors of the world's largest economies (the US, China, Japan, the United Kingdom), observed in April, may continue in May. In this regard, there are doubts about the sustainability of economic growth in these regions and the demand for commodity and raw material assets.