We can see fractal resistance at 0.7100 (graphical resistance, fibonacci retracement, 1.0 fibonacci extension) that has the RSI right below a descending resistance line. This gives us a good conviction of a drop from here to at least 0.7015.
Trading recommendations:
Sell now below 0.7100
Stop loss at 0.7150
Take profit at 0.7015
The material has been provided by InstaForex Company - www.instaforex.com