Sell below 1.0735. Stop loss at 1.0674. Take profit at 1.0776. Reason for the trading strategy (technically): Price has reacted off our selling area perfectly. We remain bearish below major resistance at 1.0735 (Fibonacci retracement, horizontal overlap resistance) for a drop to at least 1.0674 support (Fibonacci retracement, horizontal pullback support). Stochastic (55,5,3) is seeing strong resistance below the 98% level where we expect a drop from.
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