The price has dropped perfectly to our profit target and bounced off it. We prepare to buy above 0.7577 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support) for a bounce up to at least 0.7642 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing a nice bounce above 4% with good upside potential.
Buy above 0.7577. Stop loss is at 0.7556. Take profit is at 0.7642.
