FX.co ★ EUR/USD testing major resistance, remain bearish

Price is testing major resistance at 1.0700 (Fibonacci retracement, horizontal overlap resistance) where we expect a drop from to at least 1.0630 (Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is also seeing major resistance below the 94% level.

Sell below 1.0700. Stop loss at 1.0758. Take profit at 1.0630.