Buy above 0.7461. Stop loss at 0.7401. Take profit at 0.7549. Reason for the trading strategy (technically): Price is approaching major support at 0.7461 (Fibonacci retracement, horizontal pullback support, Fibonacci extension) and we expect to see a nice bounce above this level for price to reach at least 0.7549 resistance (Fibonacci extension, horizontal swing high resistance). Stochastic (21,5,3) is seeing major support above 5.6% where we expect a bounce from.