The price has dropped perfectly and reached our profit target from previously. We now turn bullish above 1.2366 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support) for a push up to the 1.2448 resistance (Fibonacci retracement, horizontal pullback resistance).
The RSI (34) is seeing strong support at 39% where our previous major bounce occurred.
Buy above 1.2366. Stop loss at 1.2302. Take profit at 1.2448.
