Price made a strong push up and is now at major resistance at 0.7345 (Fibonacci retracement, Fibonacci projection, horizontal resistance) from where we expect a strong drop towards 0.7190.
RSI (34) is also at major resistance where the previous major reversal occurred.
Sell below 0.7345. Place stop loss at 0.7375 and take profit at 0.7190.
From www.instaforex.com http://ift.tt/2eNTgl6
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