We remain bearish below strong resistance at 1.0773 (Fibonacci projection, Fibonacci retracement) for a push down to 1.0682 (Fibonacci retracement, Fibonacci projection, horizontal pullback support).
Stochastic (55,5,3) still has good downside potential for its drop.
Sell below 1.0773. Stop loss at 1.0803. Take profit at 1.0682.
The material has been provided by InstaForex Company – www.instaforex.com
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