Type: Bullish BounceKey Levels:Resistance: 7684.36 Pivot: 7521.33 Support: 7458.58Preferred Case:Prices are on bullish momentum. We see the potential for bounce from our Pivot at 7521.33 in line with 100% Fibonacci projection towards our 1st resistance at 7684.36 which is an area of Fibonacci confluences.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 7458.58 which is a graphical swing low.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/au200aud-h4-potential-for-upside"
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