We turn bullish above support at 0.7010 (Fibonacci projection, bullish divergence) looking for a push up to at least the 0.7112 level (Fibonacci retracement, recent swing high resistance).RSI (34) is also seeing a bounce from support at 36% and bullish divergence vs price is signalling a bullish reversal is approaching.
Buy above 0.7010. Stop loss at 0.6950. Take profit at 0.7112.
From www.instaforex.com http://ift.tt/2gmS7oU
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