Price dropped perfectly as expected yesterday. The key goal today is to sell on resistance at 115.08 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance) for a further push down to 114.12 once again.
RSI(34) is below horizontal resistance at 57%
Stochastics (21,5,3) is approaching a descending resistance line.
Sell at 115.08. Stop loss at 115.80. Take profit at 114.12.
The material has been provided by InstaForex Company - www.instaforex.com