Sell below 0.7743. Stop loss at 0.7807. Take profit at 0.7632.
Reason for the trading strategy (technically):
Price has shot up and reached our profit target from yesterday. We prepare to turn bearish below 0.7743 resistance (Fibonacci extension, major horizontal swing high resistance) where we expect a drop from to at least 0.7632 support (Fibonacci retracement, horizontal overlap support).
Stochastic (55,5,3) is seeing major resistance below the 97% level where we expect a reaction from.