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The price has reached our profit target perfectly from previously. We remain bearish below major resistance at 1.0800 (major horizontal resistance, Fibonacci projection) for a drop to 1.0708 support (Fibonacci retracement, horizontal pullback support).
Stochastic (21,5,3) has made a bearish exit previously and still remains in a bearish configuration.
Sell below 1.0800. Stop loss is at 1.0880. Take profit is at 1.0708.
