Buy above 0.9474. Stop loss at 0.9441. Take profit at 0.9523. Reason for the trading strategy (technically): Price has bounced up perfectly from our buying area and is fast approaching our profit target. We continue to buy above 0.9474 support (resistance-turned-support level) for a further push up to 0.9523 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (55,5,3) is bouncing nicely above our support at 3.6%.
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