Sell below 0.7188. Stop loss at 0.7280. Take profit at 0.7041.
Reason for the trading strategy (technically):
Price continues to hover around our selling area and is forming a nice reversal signal with a strong formation signalling selling pressure. We are still unable to break through our which would be the major trigger for our move. For now, we remain below major resistance at 0.7188 ( , horizontal overlap resistance, divergence) and we expect price to push down to at least 0.7041 support ( , horizontal pullback support). Only a break of this channel would confirm further downside move.
(34) is testing major ascending support and is starting to break below it. Only a clear break of our ascending support would trigger a strong drop on price.