Price has reached our profit target perfectly as expected. We're turning bearish now below 1.4600 resistance (horizontal resistance, Fibonacci retracement) for a drop to 1.4440 support (multiple horizontal support, Fibonacci projection).
Stochastics (21,5,3) is at a major level of resistance signaling a reversal is fast approaching.
RSI (21) is also at a major level of resistance indicating a reversal is fast approaching.
Sell below 1.4600. Stop low is at 1.4690. Take profit is at 1.4440.
