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AUDUSD approaching major support, potential for a bounce!

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Tickmill Broker  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD audusdlong audusdshort Forex forexsignals Bitcoin (Cryptocurrency) BTCUSD
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trendanalysis harmonicpatterns chartpattern audusd aud usd audusdlong audusdshort forex forexsignals bitcoin btcusd
AUDUSD is approaching major support at 0.7639 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level pushing prices up to major resistance at 0.7775 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).

Stochastic (89,5,3) is seeing major support above 4% where a corresponding bounce could occur.

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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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