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The price has made a push down to 1.1200 level channel support and holds above our RSI support really well. This represents a really good level to take an entry at with a good risk-to-reward ratio.
Trading recommendations:
Buy now
Stop loss at 1.1080
Take profit at 1.1500 and at 1.1640
The material has been provided by InstaForex Company - www.instaforex.com