Reason for Entry: Horizontal pullback support, short term ascending support line, 78.6% fibonacci retracement
Take Profit : 1.04643
Reason for Take Profit: Horizontal swing high resistance, 61.8% fibonacci retracement
Stop Loss: 1.03093
Reason for Stop loss: Horizontal swing low support
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.