FX.co ★ AUD/USD profit target reached again, time to buy

Price has dropped perfectly to our profit target on Friday once again. We are ready to buy above 0.7583 major support (Fibonacci retracement, Fibonacci projection, horizontal support) for a push up to 0.7657.

RSI (34) is right above major ascending support.Stochastic (21,5,3) is right above major support at 9.2% where we expect a bounce from.

Buy above 0.7583. Stop loss at 0.7550. Take profit at 0.7657.