Sell below 1.1961. Stop loss at 1.2012. Take profit at 1.1841. Reason for the trading strategy: Price is slowly creeping up towards major resistance at 1.1961 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) and we expect a strong reaction off that level to push price down to at least 1.1841 support (Fibonacci retracement, horizontal overlap support). Stochastic (55,3,1) is approaching major resistance at 98% where we expect a corresponding reaction from.