Price reacted perfectly below our major resistance at 0.7500 (Fibonacci projection, horizontal resistance, Fibonacci retracement) and we expect a continued drop to at least 0.7370 (Fibonacci retracement, Fibonacci projection, horizontal swing low support).
RSI (34) remains below major 61% resistance.
Sell below 0.7500. Stop loss at 0.7557. Take profit at 0.7370.
The material has been provided by InstaForex Company - www.instaforex.com