We remain bearish below major resistance at 0.7522 (Fibonacci retracement, Fibonacci projection, horizontal resistance) and we expect a strong drop from this level to at least 0.7353 support (Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) remain at 92% resistance where we expect a drop from.
Sell below 0.7522. Stop loss at 0.7576. Take profit at 0.7353.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
We remain bearish below major resistance at 0.7522 (Fibonacci retracement, Fibonacci projection, horizontal resistance) and we expect a strong drop from this level to at least 0.7353 support (Fibonacci retracement, horizontal overlap support).
Stochastic (21,5,3) remain at 92% resistance where we expect a drop from.
Sell below 0.7522. Stop loss at 0.7576. Take profit at 0.7353.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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