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Aud/Usd one more run to 0.6840$


The pair has bottomed last week at the area of 0.6660$ and bounced till 0.6810$ area.
The pair retraced to test the 23.6% fibonnaci level.
Also on the 15min chart , we find it supported by the 200 Moving averages.
RSI is trading at 45 level on the 1h chart.
I prefer going long at current area of 0.6780$ with target 0.6840$ and stop loss on break below 0.6730$ .this area is the last defense before turning bearish in the short term again.
There might also be a chance of very good support at 61.8% fibonnaci level and horizontal support as well at 0.6750$ area.
Pick up any of these two entries , with your target at 0.6840$ and stoploss on 1h candle close below 0.6730$ .
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