Price is right on channel support at 1.4650. We consider buying at this level for a small push up to strong resistance at 1.4900.
RSI (21) is right on an area of support where we expect a bounce from.
Stochastics (21,3,3) is also bouncing above our 5% support signalling a bounce is fast approaching.
Buy above 1.4650. Stop loss at 1.4570. Take profit at 1.4900.
