AUDUSD holding above long term ascending support!

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Trading Recommendation

Entry: 0.69808

Reason for Entry: Ascending trendline support

Take Profit: 0.70043

Reason for Take Profit: Recent swing high

Stop Loss: 0.69736

Reason for Stop Loss: 61.8% Fibonacci extension, 78.6% Fibonacci retracement

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