We look to buy once more at 1.0525 support (horizontal support, Fibonacci retracement) for a push up to 1.0629 resistance (Fibonacci retracement, horizontal resistance).
Stochastic (55,5,3) is seeing strong support above the 6% level where we hope to see a bounce from.
Buy above 1.0525. Stop loss is at 1.0488. Take profit is at 1.0629.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
We look to buy once more at 1.0525 support (horizontal support, Fibonacci retracement) for a push up to 1.0629 resistance (Fibonacci retracement, horizontal resistance).
Stochastic (55,5,3) is seeing strong support above the 6% level where we hope to see a bounce from.
Buy above 1.0525. Stop loss is at 1.0488. Take profit is at 1.0629.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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