AUDUSD is in a corrective formation in the hourly chart and is set to continue higher. The previous broken resistance at 0.7270-80, alongside with PP0, Bollinger Bands and EMA89 provide excellent support for this scenario. So we follow it with Buy orders at these levels, add more at 0.7275-80. Stop will be set below 0.7250 and targets 0.7315 and 0.7330
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Entered LONG. Stops at 0.7247