The price has dropped perfectly and reached our profit target. We now prepare to buy above major support at 88.39 (Multiple Fibonacci retracements, horizontal overlap support) for a push up to at least 89.10 resistance (Multiple Fibonacci retracements, recent swing high resistance).
Stochastic (21,3,1) is seeing support above 1.2% where we expect a corresponding bounce from.
Buy above 88.39. Stop loss is at 88.17. Take profit is at 89.10.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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