Klimex
Long

AUDUSD Bounced Off Support, Potential For A Further Rise

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD bounced off its support at 0.7026 (100% Fibonacci extension, horizontal swing low support) where it could potentially rise further to its resistance at 0.7150 (38.2% Fibonacci retracement , horizontal overlap resistance). 

Stochastic (89, 5, 3) bounced off its support at 0.9% where a further rise could occur.

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