Price bounced off support @ 0.71464 and the .382 Fib retracement. Target set at the 1.618 Fib Extension which is in confluence with Resistance Level @ 0.72843
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correction 0.382 not 0.82 fib retracement.
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Also Stocastic in the Buy Zone.
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Price has corrected deeper. If the Bulls are still in control Expect to see retest at the back of the prior down trendline.