Price is now at major resistance at 0.7500 (Fibonacci projection, horizontal resistance, Fibonacci retracement) where we expect a reaction from and a drop to at least 0.7370.

RSI (34) remains below major 61% resistance.

Sell below 0.7500. Stop loss at 0.7557. Take profit at 0.7370.

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

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