We remain bullish above major support at 0.7124 (Fibonacci retracement, horizontal support, Fibonacci projection) for a push up to 0.7180.
Stochastics (34,5,3) is bouncing above major 4% support and is displaying bullish divergence vs price.
Buy above 0.7124. Stop loss at 0.7106. Take profit at 0.7180.
The material has been provided by InstaForex Company – www.instaforex.com
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