Price is right at major resistance (Fibonacci projection, Fibonacci retracement, horizontal resistance) from which we expect a drop to 0.7642 at least.
RSI (34) is right below descending resistance
Stochastics (34,5,3) is right below major 92% resistance
Sell below 0.7730. Set stop loss at 0.7789 and take profit at 0.7642.
The material has been provided by InstaForex Company - www.instaforex.com