The price has continued to drop nicely towards our profit target. We prepare to buy above 0.7868 support (Fibonacci extension, horizontal swing low support, Fibonacci retracement) for a push up to at least 0.7974 resistance (Fibonacci retracement, horizontal swing high resistance).
Stochastic (34,5,3) is seeing downside potential before our major support at 2.9% where we expect a bounce from.
Buy above 0.7868. Stop loss is at 0.7793. Take profit is at 0.7974.
