The price is reversing nicely below our major resistance level at 0.7698 (Fibonacci retracement, horizontal swing high resistance) and we remain bearish below this level for a push down to at least 0.7537 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,3,1) is seeing a nice drop from our 97% resistance level and has good downside potential for our drop.
Sell below 0.7698. Stop loss is at 0.7751. Take profit is at 0.7537.
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