We turn bullish on EURUSD after it has broken a previously strong support level. We are bullish above 1.0677 support (multiple swing high support, Fibonacci retracement, price action) and hope to see price make a push up to 1.0795 (major swing high resistance).
RSI (34) has made a bullish exit signalling a rise is expected.
Buy above 1.0677. Stop loss at 1.0580. Take profit at 1.0796.
The material has been provided by InstaForex Company – www.instaforex.com
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