The price shot up really strongly yesterday and is now back to testing major support at 0.7781 (Fibonacci retracement, horizontal overlap support, breakout level) and a strong bounce could occur at this level to push the price up to 0.7787 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (55) has made a bullish exit and is also seeing intermediate support hold it up really nicely.
Buy above 0.7781. Stop loss at 0.7752. Take profit at 0.7887.
