AUDUSD holding above ascending trendline support!

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Trading Recommendation

Entry: 0.71713

Reason for Entry: Ascending trendline support, moving average, 23.6% Fibonacci retracement

Take Profit: 0.72191

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.71489

Reason for Stop Loss: 61.8% Fibonacci retracement

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