We see the price test 0.9890 resistance level once again which it has reacted off strongly 5 times so far. We'll look to play the reaction off this level for a drop to 0.9840. The 0.9890 is a fractal resistance (graphical + fibonacci retracement + Stochastics resistance) which makes this a very strong level. Our stop loss is right at 0.9910 so we'll be out with a small loss if we get it wrong.
Trading Recommendations :
Sell now
Take profit at 0.9840
Stop loss at 0.9910
