The price has dropped as expected towards our buying level. We remain bullish looking to buy above major support at 0.9519 (Fibonacci retracement, Fibonacci extension, horizontal support) for a bounce up to at least 0.9617 resistance (Fibonacci retracement, horizontal pullback resistance).
Stochastic is approaching major support at 3.1% where we expect a bounce from.
Buy above 0.9519. Stop loss is at 0.9483. Take profit is at 0.9617.
