Price bounced off our buying level perfectly yesterday and has reached our profit target once again. We are ready to buy above 0.7620 support (Fibonacci retracement, horizontal pullback support) until a push up to 0.7700 again.RSI (34) remains above our long-term ascending support line.

Buy above 0.7620. Stop loss at 0.7585. Take profit at 0.7700.

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

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