We remain bullish looking to buy above 0.7517 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7632 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34,5,3) is seeing bullish divergence vs price signalling a bounce is impending.
Buy above 0.7517. Stop loss at 0.7447. Take profit at 0.7632.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
We remain bullish looking to buy above 0.7517 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7632 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34,5,3) is seeing bullish divergence vs price signalling a bounce is impending.
Buy above 0.7517. Stop loss at 0.7447. Take profit at 0.7632.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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