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AUDUSD Bounced Nicely Off Its Support!

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Dollar Australia / Dollar AS (FX:AUDUSD)  
ICmarkets Broker Diupdate   
FX:AUDUSD   Dollar Australia / Dollar AS
Harmonic Patterns Trend Analysis Chart Patterns Forex forexsignals Bitcoin (Cryptocurrency) AUDUSD aud USD audusdlong BTCUSD
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AUDUSD bounced nicely off its support at 0.7481 (61.8% & 78.6% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 0.7543 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance). We have also identified another support at 0.7449 (78.6% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) bounced off its support at 3.17% where a corresponding rise could occur. We have also identified a bullish divergence with price which contributes to our bullish bias.
Trading ditutup: target tercapai:
AUDUSD rose to our profit target!
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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