Price dropped perfectly to our profit target yesterday. We turn bullish above 105.48 support (channel breakout level, horizontal breakout level) for a push up to 106.67.
RSI (34) still has some upside potential to play.
Buy above 105.48. Stop loss at 104.70. Take profit at 106.67.
The material has been provided by InstaForex Company - www.instaforex.com