There is a trend line coming from the highs which might act as our dynamic resistance. It is very likely that we will see a re-test of 77.00 before continuing down to 76.00. The idea is very simple. Watch out for corrections toward the sell zone and sell.
Stop loss – above last high to be created.
Target 1 – 76.50.
Target 2 – 76.00.
Stop loss – above last high to be created.
Target 1 – 76.50.
Target 2 – 76.00.
