The price has reached our buying area and is testing it. We remain bullish looking to buy on major support at 1.1747 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) for a bounce up to at least 1.1855 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,3,1) is seeing major support at 1.1% and bouncing up nicely from it.
Buy above 1.1747. Stop loss is at 1.1708. Take profit is at 1.1855.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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