Hi friends the daily chart of this market shows that it will experience with a high probability a downtrend in the coming days with at the same time being vigilant of the change of the direction towards the opposite please subscribe to receive more analyzes
No doubt the trend is down. After taking a closer look at the chart, it appears IFF is forming the right shoulder of complex inverse H&S (reversal) pattern. Thus, your target to the downside may be too aggressive. I would think the swing low at 99.39 more likely imho.