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Price is testing our descending resistance line and we remain bearish below resistance at 118.16 (Fibonacci retracement, Fibonacci projection) for a drop to at least 116.14 support (Fibonacci projection, Fibonacci retracement, horizontal pullback support).
Stochastic (34,5,3) remains bearish below 94% resistance.
Sell below 118.26. Set stop loss at 118.71 and take profit at 116.14.
