We look to sell below major resistance at 0.7226 (Fibonacci projection, horizontal overlap resistance) for a push down towards the 0.7122 level.
Stochastics (21,5,3) is also below major resistance at 90%.
Sell below 0.7226. Set stop loss at 0.7311 and take profit at 0.7122.
The material has been provided by InstaForex Company - www.instaforex.com