Price is approaching our first support where we are expecting a bounce above this level.
Entry: 1.28978
38.2% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support
Take Profit : 1.29731
Why it's good : 78.6% Fibonacci retracement, horizontal swing high resistance
The material has been provided by InstaForex Company - www.instaforex.com