Buy above 0.9593. Stop loss at 0.9560. Take profit at 0.9671.
Reason for the trading strategy (technically):
Price is approaching major support at 0.9593 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) and we intend to see a nice bounce above this level for a push up to at least 0.9671 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (21,5,3) is seeing strong support above 12% where we expect a bounce from.
Reason for the trading strategy (technically):
Price is approaching major support at 0.9593 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) and we intend to see a nice bounce above this level for a push up to at least 0.9671 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (21,5,3) is seeing strong support above 12% where we expect a bounce from.