The price has reached our profit target perfectly from Monday. We prepare to sell below major resistance at 0.9770 (Fibonacci extension, horizontal swing high resistance) for a push down to at least 0.9671 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,5,3) is seeing major resistance below 98% and has reacted very well off it. We expect to see a further drop below this level.
Sell below 0.9770. Stop loss is at 0.9809. Take profit is at 0.9671.
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