Price is close to major resistance at 1.0350 (Fibonacci projection, Fibonacci retracement, horizontal overlap resistance) where we expect a reaction from for a drop to 1.0290.
RSI (21) is seeing resistance at 64%, holding the bearish move we have.
Stochastics (21,3,3) is seeing major resistance at 88%, where we expect a similar reaction off.
Sell below 1.0350. Stop loss is at 1.0375. Take profit is at 1.0290.
The material has been provided by InstaForex Company - www.instaforex.com