has turned North from oversold levels and daily Stochs has shown a crossover.
Price action is however below the cloud, with cloud base at 0.9741 offering strong resistance on the upside.
Breaks below channel base at 0.9615 cloud see next support at 0.9596 (Nov 24th lows) and then 0.9591 ( - Nov 23rd and 30th).
Good to buy dips around 0.9690, SL: 0.9610, TP: 0.9740/0.9780/0.9820
R1: 0.9741 (cloud base)
R2: 0.9779 (5-DMA)
R3: 0.9813 (10-DMA)
S1: 0.9615 (channel base)
S2: 0.9596 (Nov 24th lows)
S3: 0.9591 ( - Nov 23rd and 30th)