Price reversed below our major resistance yesterday as expected and we continue to play the drop. We continue to sell below resistance at 0.7202 (fibonacci retracement, pullback resistance) for a push down to 0.7122.
Stochastics (21,5,3) has made a bearish exit signalling a strong bearish move is in progress.
RSI (34) has made a bearish exit signalling a strong bearish move is unfolding.
Sell below 0.0.7207. Stop loss at 0.7254. Take profit at 0.7122.
From www.instaforex.com http://ift.tt/2ep4a2A
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