The price is approaching major resistance at 134.53 (Fibonacci extension, horizontal overlap resistance, Elliott wave structure) and we expect a strong reaction at this level to push the price down towards 133.65 support (Fibonacci retracement, horizontal overlap support).
Stochastic (34,5,3) is approaching major resistance at 95% where a corresponding reaction could occur.
Sell below 134.53. Stop loss is at 135.19. Take profit is at 133.65.
