Sell below 123.32. Stop loss at 123.69. Take profit at 120.86.
Reason for the trading strategy (technically):
We remain bearish below major resistance at 123.32 (Fibonacci projection, horizontal swing high resistance) where we expect a drop to at least 120.86 (Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is seeing major resistance below the 92% level where price has reacted off multiple times.