The price has dropped perfectly to our profit target. We prepare to buy above major support at 0.7247 (Fibonacci extension, Fibonacci retracement, horizontal swing low support) for a bounce up to at least 0.7341 resistance (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance).
Stochastic (34,3,1) is seeing strong support above 1.8% where we expect a bounce from.
Buy above 0.7247. Stop loss is at 0.7178. Take profit is at 0.7341.