AUDUSD reacting above supports! Further rise expected!

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Trading Recommendation

Entry: 0.69947

Reason for Entry: Market entry

Take Profit: 0.70511

Reason for Take Profit: -61.8% Fibonacci retracement, ascending trendline support

Stop Loss: 0.69677

Reason for Stop Loss: Ascending trendline support, 38.2% and 23.6% Fibonacci retracement

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