Price has dropped absolutely perfectly as expected and has reached our profit target. We now prepare to buy above 0.7628 major support (Fibonacci extension, horizontal swing low support, long-term Fibonacci retracement) for a push up to at least 0.7730 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,3,1) is seeing major support above 0.6% where we expect a corresponding bounce from.
Buy above 0.7628. Set stop loss at 0.7556 and take profit at 0.7730.