AUD/USD approaching support, potential bounce!

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Price is testing its support where we expect to see a bounce up to its resistance.

Entry : 0.6951

Why it's good : 38.2% & 50% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback support

Stop Loss : 0.6923

Why it's good : 61.8% Fibonacci retracement

Take Profit : 0.6989

Why it's good : Horizontal overlap resistance, 61.8% Fibonacci extension

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