Price has risen as expected towards our selling area yesterday. We remain bearish looking to sell on strength below 0.77430 resistance (Fibonacci retracement, horizontal pullback resistance) for a further push down to 0.7317.
RSI (34) is seeing horizontal resistance at 61%.
Sell below 0.7430. Stop loss at 0.7504. Take profit at 0.7317.
The material has been provided by InstaForex Company – www.instaforex.com
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