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The price is right at the major support of 1.0900 (Fibonacci retracement, horizontal overlap support) and we look to buy above this level for small bounce to 1.0975.
Stochastic (21,5,3) is bouncing above the 13% support.
RSI (21) is bouncing above the previous support at 36%.Continue buying.
Buy above 1.0900. Stop loss at 1.0875. Take profit at 1.0975.
The material has been provided by InstaForex Company - www.instaforex.com