The price has finally bounced up nicely from our buying area perfectly. We now look to buy above 0.7632 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7684 resistance (Fibonacci retracement, Fibonacci extension, and horizontal swing high resistance).
Stochastic (34,5,3) has seen a strong bullish divergence which still has some good upside potential for the price to rise up into.
Buy above 0.7619. Stop loss is at 0.7583. Take profit is at 0.7684.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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