Trading Recommendation
Entry: 1.62946
Reason for Entry: horizontal overlap support and 38.2% fibonacci retracement
Take Profit: 1.64748
Reason for Take Profit: Horizontal overlap resistance, 61.8% fibonacci retracement
Stop Loss: 1.62171
Reason for Take Profit: horizontal swing low support, 61.8% fibonacci retracement
The material has been provided by InstaForex Company - www.instaforex.com