Price is approaching major resistance at 109.40 (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance) and we expect a strong reaction off this level for a push down to at least 107.95 support (Fibonacci retracement, fill price gap, Fibonacci extension).
Stochastic (34,3,1) is seeing major resistance at 97% where we expect a reaction from similar to the one we're expecting on price.
Sell below 109.40. Stop loss at 109.95. Take profit at 107.95.
