Rebound Insight
Our Pivot: 1.1786
Our Preference: Buy Euro above 1.1800 with strict stop loss of 1.1786 and profit target at 1.1830 with extension towards 1.1849.
Alternate Scenario: Downward penetration of 1.1786 will call for 1.1760.
NOTE: Euro is being supported by a rising trend line on hourly chart.
Hourly chart with Supports & Resistances:
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