The price has reached our buying level perfectly. We remain bullish, looking to buy above 1.3503 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Elliott wave theory) for a push up to 1.3641 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34) sees strong horizontal support above our 36% level.
Buy above 1.3503. Set stop loss at 1.3419 and take profit at 1.3641.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
The price has reached our buying level perfectly. We remain bullish, looking to buy above 1.3503 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Elliott wave theory) for a push up to 1.3641 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34) sees strong horizontal support above our 36% level.
Buy above 1.3503. Set stop loss at 1.3419 and take profit at 1.3641.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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