The price continues to rise and we're now seeing major resistance at 129.40 (Fibonacci retracement, horizontal pullback resistance, Fibonacci extension) where we expect a strong reaction from to fuel the drop to at least 127.56 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,5,3) is once against testing our 93% resistance level where we expect a drop from.
Sell below 129.40. Stop loss is at 129.86. Take profit is at 127.56.
The material has been provided by InstaForex Company - www.instaforex.com
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