AUDUSD holding above long term ascending support! Further push up expected!

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Trading Recommendation

Entry: 0.70259

Reason for Entry: Ascending trendline support

Take Profit: 0.70513

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.70191

Reason for Stop Loss: 23.6% Fibonacci retracement, moving average support

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