Price is approaching major support at 0.7560 (Fibonacci projection, Fibonacci retracement) where we expect a bounce up from towards 0.7652.
RSI (34) is above long term ascending support.
Buy above 0.7560. Stop loss at 0.7506. Take profit at 0.7652.
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- EUR/NZD analysis for October 28, 2016
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- AUD/JPY remain bearish for a further drop
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- Daily analysis of major pairs for October 28, 2016
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