Daily Stochs are deeply in oversold territory, while has turned higher after dipping below 40 levels.
indicator shows momentum is fading, a crossover of the line over signal line should be further confirmation.
Downside seems to have stalled at 0.60 levels (Feb 10th lows and session lows till now), which will be immediate support on the downside ahead of 1.0570 ( ).
On the upside immediate resistance is seen at 1.0645 (5-DMA) and then at 1.0687 (Feb 10th highs).
We would go long on breaks above 5-DMA at 1.0644, SL: 1.0570, TP: 1.0710//1.0745/1.08