AUDUSD 0.23% is fast approaching a really key support level where we expect a really strong bounce from.

Buy above 0.7639. Stop loss at 0.7577. Take profit at 0.7779.
Reason for the trading strategy (technically):
Price is fast approaching major support at 0.7639 ( Fibonacci retracement , horizontal swing low support, Fibonacci extension ) and we expect a strong bounce from this level to push prices up to major resistance at 0.7779 ( Fibonacci retracement , horizontal overlap resistance).
Stochastic (55,5,3) is seeing strong support above 2.9% where a corresponding bounce could occur.
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