We remain bearish below 1.0278 resistance (Horizontal overlap resistance) for a further push down to 1.0200 resistance (Fibonacci projection, Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) is turning down from an area of resistance and displays bearish divergence vs price signalling a reversal is impending.
Sell below 1.0278. Set top loss at 1.0321 and take profit at 1.0200.
From www.instaforex.com http://ift.tt/2ilxcTG
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