We remain bearish looking to sell below 1.0142 resistance (Fibonacci extension, Fibonacci retracement, horizontal resistance) for a push down to 1.0071 support (Fibonacci retracement, horizontal swing low support).

Stochastic (55,5,3) is seeing major resistance below the 95% level.

Sell below 1.0142. Stop loss is at 1.0116. Take profit is at 1.0071.

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The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com

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