FX.co ★ AUD/USD bounced off major support as expected, remain bullish

Price dropped perfectly to our major support at 0.7560 (Fibonacci projection, Fibonacci retracement) as expected, where we expect a bounce up from towards 0.7652.

RSI (34) is above long term ascending support.

Buy above 0.7560. Stop loss at 0.7506. Take profit at 0.7650.