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AUDUSD H4 | Bearish Rejection from Key Fibonacci Resistance

AUDUSD H4 | Bearish Rejection from Key Fibonacci Resistance

The price is rising to our sell entry level at 0.7081, a swing high resistance that aligns with the 145% Fib extenion and the 61.8% Fibonacci projection.

Our stop loss is set at 0.7103, a pullback resistance that aligns with the 100% Fibonacci projection.

Our take profit is set at 0.7026, a pullback support.

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