Price has reached our profit target and dropped from there. We now prepare to buy above 1.0720 support (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.0784 resistance (Fibonacci retracement, horizontal pullback resistance, Fibonacci extension).
Stochastic (21,5,3) sees strong support above the 4.4% level where we expect a bounce from.
Buy above 1.0720. Stop loss at 1.0677. Take profit at 1.0748.
