AUDUSD holding above ascending trendline support! Further push up expected!

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Trading Recommendation

Entry: 0.69156

Reason for Entry: Market entry

Take Profit: 0.69436

Reason for Take Profit: 78.6% Fibonacci extension, recent swing high

Stop Loss: 0.69027

Reason for Stop Loss: 61.8% Fibonacci retracement, ascending trendline support, moving average support

The material has been provided by InstaForex Company - www.instaforex.com