AUD/USD remain bullish above strong support

The price continues to hover above our buying area. We remain bullish looking to buy on dips above 0.7628 major support (Fibonacci extension, horizontal swing low support, Long-term Fibonacci retracement) for a push up to at least 0.7730 resistance (Fibonacci retracement, horizontal overlap resistance).

Stochastic (55,3,1) is rising nicely with good upside potential.

Buy above 0.7628. Stop loss is at 0.7556. Take profit is at 0.7730.


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