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AUD/USD, next target

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Investroy  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance Fibonacci Supply and Demand AUDUSD priceaction Technical Analysis signalprovider investroy
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supportandresistance fibonacci supplyanddemand audusd priceaction technicalanalysis signalprovider investroy
To begin with, the overall trend is bullish. As it can be clearly inferred from the chart, the price has successfully bounced off the strong zone of support indicated on the chart, which also aligns with 0.382 Fibonacci retracement level. We are now pretty positive that the price will keep on rising and reach the area of the previous Higher High.

Happy trading, everyone!
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