AUDUSD approaching major support, potential for a bounce!

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AUDUSD is approaching major support at 0.7639 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level pushing prices up to major resistance at 0.7775 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).

Stochastic (89,5,3) is seeing major support above 4% where a corresponding bounce could occur.

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