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AUDUSD short term pull back towards ascending trendline support!

analytics5ef55878724f0.jpg

Trading Recommendation

Entry: 0.68926

Reason for Entry: 38.2% Fibonacci retracement, graphical swing high

Take Profit: 0.68456

Reason for Take Profit: 78.6% Fibonacci retracement, ascending trendline support

Stop Loss: 0.69186

Reason for Stop Loss: 61.8% Fibonacci retracement

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