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Price is now at our strong support level at 1.0270 (Fibonacci projection, horizontal support) where we expect a bounce from to at least 1.0320.
RSI (34) has made a bullish exit signalling a bullish move is approaching.
Buy above 1.0270. Stop loss is at 1.0240. Take profit is at 1.0320.
The material has been provided by InstaForex Company - www.instaforex.com