Price dropped perfectly to our profit target from last week. We turn bullish above major support at 1.0428 (Fibonacci projection, Fibonacci retracement, horizontal swing low support) and expect a push up to at least 1.0521 (Fibonacci retracement, horizontal overlap resistance).
RSI (34) is seeing major support from 36% where the previous major bounce occurred.
Stochastic (21,5,3) is seeing major support from the 0.8% too where we expect a bounce from.
Buy above 1.0428. Stop loss at 1.0362. Take profit at 1.0521.
