EURUSD testing major resistance, remain bearish

FX:EURUSD   欧元/美元
Sell below 1.1760. Stop loss at 1.1798. Take profit at 1.1649.
Reason for the trading strategy (technically):
Price is testing major resistance at 1.1760 ( Fibonacci extension , horizontal swing high resistance) and we expect to see a drop from this level to at least 1.1649 support ( Fibonacci retracement , Fibonacci extension , horizontal swing low support). It is important to keep an eye out for the ascending support line that has held price up really well. Only a break of that level would open a stronger drop towards our profit target.
Stochastic (34,5,3) is seeing strong resistance below our 98% level.
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