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Price reached our profit target perfectly again. Look to sell below 103.10 major resistance (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance) for a drop all the way to 101.45.
Stochastics (21,3,3) is also seeing major resistance at 87%.
Sell below 103.10. Stop loss is at 103.85. Take profit is at 101.45.
The material has been provided by InstaForex Company - www.instaforex.com