FX.co ★ EUR/USD profit target reached perfectly, time to sell

Price has shot up and reached our profit target perfectly. We prepare to sell below major resistance at 1.0735 (Fibonacci retracement, horizontal overlap resistance) for a drop to at least 1.0674 support (Fibonacci retracement, horizontal pullback support).

Stochastic (55,5,3) is seeing strong resistance below the 98% level where we expect a drop from.

Sell below 1.0735. Stop loss at 1.0674. Take profit at 1.0776.