AUD/USD facing pressure from resistance, potential for further drop!

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Trading Recommendation

Entry: 0.60988

Reason for Entry: Horizontal swing high resistance, 50% Fibonacci retracement

Take Profit : 0.58870

Reason for Take Profit: 50% Fibonacci retracement, horizontal swing low support

Stop Loss: 0.61684

Reason for Stop loss: Horizontal swing high resistance, 78.6% fibonacci retracement

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