Price is holding above ascending trendline support with stochastic indicator testing support where price bounced in the past. A further push up above 1st support at 1.36800 towards 1st resistance at 1.37192 could be likely.
Trading Recommendation
Entry: 1.36800
Reason for Entry:
38.2% Fibonacci retracement
Take Profit: 1.37192
Reason for Take Profit:
61.8% Fibonacci retracement
Stop Loss: 1.36573
Reason for Stop Loss:
Horizontal swing low support and Ascending trendline support
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