Price holding above ascending trendline support and moving average. A further push up above 1st support at 1.31260 towards 1st resistance at 1.32393 is expected.
Trading Recommendation
Entry: 1.31260
Reason for Entry:
Ascending trendline support, 61.8% Fibonacci retracement
Take Profit: 1.32393
Reason for Take Profit:
Horizontal swing high
Stop Loss: 1.30864
Reason for Stop Loss:
76.4% Fibonacci retracement
