The price has continued to test our buying area yesterday. We prepare to buy above major support at 86.92 (Fibonacci retracement, horizontal overlap support) for a bounce up to at least 87.61 resistance (Fibonacci extension, horizontal swing high resistance).
Stochastic (34,5,3) is seeing strong support above 3.9% where we expect a bounce from.
Buy above 86.92. Stop loss is at 86.52. Take profit is at 87.61.
