We remain bullish above the 0.7668 support (long-term ascending support, horizontal support, Fibonacci extension) for a further push up to the0.7733 resistance (Fibonacci extension, horizontal resistance).
The RSI (34) is seeing strong support above the 41% level where we expect the price to continue to rise from.
Buy above 0.7668. Stop loss at 0.7646. Take profit at 0.7733.
The material has been provided by InstaForex Company – www.instaforex.com