Sell below 86.67. Stop loss at 87.34. Take profit at 84.69. Reason for the trading strategy (technically): Price continues to rise towards our major resistance area. We remain bearish looking to sell below 86.67 resistance (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance) for a push down to at least 84.69 support (Fibonacci retracement, horizontal swing low support). Stochastic (55,3,1) is seeing major resistance below 98% and we expect a corresponding reaction off this level.
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