MEX_Exchange
Long

AUDUSD profit target reached perfectly, prepare to buy

FX:AUDUSD   Australian Dollar / U.S. Dollar
Buy above 0.7534. Stop loss at 0.7513. Take profit at 0.7593.
Reason for the trading strategy (technically):
Price has plummeted to our profit target. We look to buy above 0.7534 support ( Fibonacci extension , horizontal swing low support) for a push up to at least 0.7593 resistance ( Fibonacci retracement , horizontal overlap resistance, Fibonacci extension ).
Stochastic (34,3,1) is seeing major support above 1.2% where we expect a corresponding bounce from.
stop loss :(
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