Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. Ichimoku cloud is also indicating more bearishness to come .
Trading Recommendation
Entry: 76.03
Reason for Entry:
38.2% fib retracement, horizontal pullback resistance
Take Profit: 75.75
Reason for Take Profit:
78.6% fib retracement
Stop Loss: 76.26
Reason for Stop Loss:
Horizontal swing high
