Sell below 111.02. Stop loss at 111.97. Take profit at 109.49. Reason for the trading strategy (technically): Price has closed below major support at 111.02 (Fibonacci retracement, horizontal overlap support) and this has triggered a bearish exit. We look to play the drop to at least 109.49 (Fibonacci retracement, horizontal overlap support, Fibonacci extension). RSI (55) has made a recent bearish exit which is in line with the bearish exit we’re seeing in price.