Price has bounced up from our buying area and reached our profit target perfectly. We prepare to sell below major resistance at 0.7342 (Fibonacci extension, horizontal swing high resistance) for a push down to at least 0.7251 support (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance below 95% where we expect a reaction from to push price down.
Sell below 0.7342. Stop loss at 0.7376. Take profit at 0.7251.
