AUDUSD is approaching support, potential for a bounce!

Price is approaching our first support at 0.77689, in line with 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal swing low support, where we could see a further bounce above this level to our first resistance at 0.78198, in line with our 50% Fibonacci extension and horizontal swing high resistance. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

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