MEX_Exchange

EURUSD testing major resistance, remain bearish

Short
FX:EURUSD   Euro / U.S. Dollar
Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159.
Reason for the trading strategy (technically):
Price has reached our selling area and is testing that level. We remain bearish below major resistance at 1.1264 ( Fibonacci extension , horizontal swing high resistance) for a further drop towards 1.1159 support ( Fibonacci retracement , horizontal overlap support).
Stochastic (55,5,3) is seeing major resistance below the 95% level.