AUD/USD is approaching its support at 0.7560 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where we expect to see a bounce, causing the price to rise to its resistance at 0.7659 (61.8% & 50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 9.6% where a corresponding bounce is expected.
Buy above 0.7560. Stop loss 0.7513. Take profit at 0.7659.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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