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We have seen price bounce perfectly towards our profit target. We prepare to turn bearish below 1.0037 resistance (Fibonacci retracement, Fibonacci projection, descending resistance) for a drop to at least 0.9960 support (Fibonacci projection, recent swing low support).
Stochastic (21,5,3) is seeing strong resistance below the 91% level.
Sell below 1.0037. Stop loss at 1.0096. Take profit at 0.9960.
