FX:AUDUSD   Dollar Australien/Dollar Américain
To begin with, the overall trend is bullish. As it can be clearly inferred from the chart, the price has successfully bounced off the strong zone of support indicated on the chart, which also aligns with 0.382 Fibonacci retracement level. We are now pretty positive that the price will keep on rising and reach the area of the previous Higher High.

Happy trading, everyone!

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