The price has dropped perfectly and reached our profit target as expected. We now look to buy above 0.7517 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7632 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (55,5,3) is seeing strong support above the 6.4% level where we expect a bounce up.
Buy above 0.7517. Stop loss is at 0.7447. Take profit is at 0.7632.