Price is approaching major support at 0.7560 (Fibonacci projection, Fibonacci retracement) where we expect a bounce up from towards 0.7652.

RSI (34) is above long term ascending support.

Buy above 0.7560. Stop loss at 0.7506. Take profit at 0.7652.

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The material has been provided by InstaForex Company – www.instaforex.com

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