The price is now testing major support at 1.1776 (Fibonacci extension, horizontal swing low support, Fibonacci retracement) and we expect to see a bounce above this level to push the price up to at least 1.1865 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,3,1) is seeing major support above 1.8% where we're starting to see a bounce from.
Buy above 1.1776. Stop loss is at 1.1727. Take profit is at 1.1865.
