Price reached our profit target for the fourth time in a row. We now look to buy above 1.1130 major support (Fibonacci projection, Fibonacci retracement) for a push up to 1.1205 target.
Stochastics (21,3,3) is above 6% support where multiple bounces have occurred previously.
Buy above 1.1130. Stop loss at 1.1100. Take profit at 1.1205
The material has been provided by InstaForex Company - www.instaforex.com