Price has shot up and reached our profit target perfectly. We prepare to sell below major resistance at 1.0735 (Fibonacci retracement, horizontal overlap resistance) for a drop to at least 1.0674 support (Fibonacci retracement, horizontal pullback support).
Stochastic (55,5,3) is seeing strong resistance below the 98% level where we expect a drop from.
Sell below 1.0735. Stop loss at 1.0674. Take profit at 1.0776.
