Buy above 0.7733. Stop loss at 0.7628. Take profit at 0.7881.
Reason for the trading strategy:
Price has broken a key level of resistance opening a strong bullish move. We look to buy above 0.7733 support (Fibonacci retracement, horizontal overlap support) for a strong push up to at least 0.7881 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34) sees an ascending support line hold bullish momentum up.
Reason for the trading strategy:
Price has broken a key level of resistance opening a strong bullish move. We look to buy above 0.7733 support (Fibonacci retracement, horizontal overlap support) for a strong push up to at least 0.7881 resistance (Fibonacci retracement, horizontal overlap resistance).
RSI (34) sees an ascending support line hold bullish momentum up.