Support around 0.733 at previous swing low is holding up quite well. You can tell by various weekly candle with huge lower tail which indicates that there's buying support. With that said, there is a good long setup trade setup for price to rebound towards 0.757-0.769. From the current price of 0.740, this give us a potential profit of 160-288pips. Stop should be place at 0.729, below the current swing low. Take note that this analysis is on a weekly time frame, thus expect to holding your position for a while (as long as the SL is not hit!). You should go into smaller time frame such as daily or 4H to better time your entry. Trade safe everyone!
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