Price has dropped perfectly to our profit target on Friday once again. We are ready to buy above 0.7583 major support (Fibonacci retracement, Fibonacci projection, horizontal support) for a push up to 0.7657.
RSI (34) is right above major ascending support.Stochastic (21,5,3) is right above major support at 9.2% where we expect a bounce from.
Buy above 0.7583. Stop loss at 0.7550. Take profit at 0.7657.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
Price has dropped perfectly to our profit target on Friday once again. We are ready to buy above 0.7583 major support (Fibonacci retracement, Fibonacci projection, horizontal support) for a push up to 0.7657.
RSI (34) is right above major ascending support.Stochastic (21,5,3) is right above major support at 9.2% where we expect a bounce from.
Buy above 0.7583. Stop loss at 0.7550. Take profit at 0.7657.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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