Price has bounced up perfectly and reached our profit target once again. We prepare to sell below major resistance at 0.9582 (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 0.9483 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,3,1) is seeing strong resistance below 100% and we expect a corresponding drop from that level similar to the one we're expecting on price.
Sell below 0.9582. Stop loss at 0.9625. Take profit at 0.9483.
