Our profit target was reached perfectly last week. We now turn bearish looking to sell below 0.7270 major resistance (horizontal resistance, Fibonacci retracement, Fibonacci projection) for a drop to 0.7210 support.

RSI (21) is on pullback resistance similarly with price.

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Buy on break of 1.4890. Stop loss at 1.4800. Take profit at 1.4985.

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

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