As expected, the price has dropped perfectly to our major support at 0.7575 (Fibonacci projection, Fibonacci retracement, horizontal support) from which we expect a bounce for a push up to 0.7645.
Stochastics (21,3,3) has bounced off 12% support triggering a bullish move.
Buy above 0.7575. Place stop loss at 0.7525 and take profit at 0.7645.
From www.instaforex.com http://ift.tt/2dRLNpG
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