Price is approaching major support at $1,150.11 (Fibonacci retracement, horizontal pullback support, Fibonacci projection) and we expect a bounce above this level to at least $1,162.84.Stochastic (21,5,3) is right on the key support level at 8.3%.
Buy above 1150.11. Stop loss at 1144.05. Take profit at 1162.84.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
Price is approaching major support at $1,150.11 (Fibonacci retracement, horizontal pullback support, Fibonacci projection) and we expect a bounce above this level to at least $1,162.84.Stochastic (21,5,3) is right on the key support level at 8.3%.
Buy above 1150.11. Stop loss at 1144.05. Take profit at 1162.84.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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