Price has dropped perfectly and reached our profit target. We prepare to buy above 1.0700 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to at least 1.0753 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above the 4.75% level where we expect a bounce from.
Buy above 1.0700. Stop loss at 1.0672. Take profit at 1.0753.
