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Price is near a strong support level at 1.1125 (Fibonacci projection, horizontal support) where we expect a bounce from to at least 1.1200 major resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastics (34,3,3) is right above major support at 4%.
Buy above 1.1125. Stop loss is at 1.1075. Take profit is at 1.1200.
