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Price has completed an inverse head-and-shoulders reversal pattern. We look to buy on major support at 1.4900 (neckline support, Fibonacci retracement, horizontal support) for a push up to 1.5185.
Buy above 1.4900. Stop loss is at 1.4775. Take profit is at 1.5185.
The material has been provided by InstaForex Company - www.instaforex.com