The price dropped perfectly to our profit target yesterday. Today we turn bullish right on the major support at 1.1135 (channel support, Fibonacci projection) for a push up to 1.1190 at least.
Stochastics (21,3,3) is right above 6% major support.
RSI (34) is displaying bullish divergence vs price, signalling a bullish bounce is expected.
Buy above 1.1135. Place stop loss at 1.1100 and take profit at 1.1190.
