After hitting our first target at 0.78, traders should wait for a Daily close above 0.7830 for a safer buy entry. If it closes above this level on the DAILY chart, traders can wait for a pull-back to re-test the 0.7740 support area before entering a buy, targeting the 0.8060 resistance area that was support in 2015 and also the 2010 low.

AUDUSD - 18JULY

Source: MARYNA

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