AUD/USD profit target reached, remain bullish

Price bounced off our buying level perfectly yesterday and has reached our profit target once again. We are ready to buy above 0.7620 support (Fibonacci retracement, horizontal pullback support) until a push up to 0.7700 again.RSI (34) remains above our long-term ascending support line.

Buy above 0.7620. Stop loss at 0.7585. Take profit at 0.7700.

The material has been provided by InstaForex Company - www.instaforex.com

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