Price is facing bearish pressure from our first resistance and Ichimoku cloud where we can expect a further drop to our major support level. RSI is also seeing a bearish exit.
Entry : 1.3267
Why it's good : horizontal overlap resistance, 61.8% fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 1.3430
Why it's good : horizontal swing high resistance
Take Profit : 1.2955
Why it's good : horizontal swing low support, 61.8% fibonacci extension
