Price tested and reacted above ascending trendline support. A further push up above 1st support at 0.76367 towards 1st resistance at 0.76823 could be possible. Technical indicators show room for further upside as well.
Trading Recommendation
Entry: 0.76367
Reason for Entry:
38.2% Fibonacci retracement, ascending trendline resistance
Take Profit: 0.76823
Reason for Take Profit:
-27.2% Fibonacci retracement
Stop Loss: 0.76225
Reason for Stop Loss:
61.8% Fibonacci retracement
