The price reached our profit target for the 4th time in a row. We turn bullish above 85.34 support (Fibonacci projection, horizontal support) for a push up to at least 86.08 (Fibonacci retracement, horizontal pullback resistance).
Stochastic (21,5,3) is approaching strong support at 5.5%.
Buy above 85.34. Stop loss is at 84.97. Take profit is at 86.08.
The material has been provided by InstaForex Company - www.instaforex.com