We remain bearish below 80.00 resistance (Fibonacci retracement, horizontal resistance) for a push down to 79.40.

RSI (34) is right below major resistance at 61% where we expect a reaction from and has also made a bearish exit.

Sell below 80.00. Stop loss at 80.32. Take profit at 79.40.

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The material has been provided by InstaForex Company – www.instaforex.com

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