Trade Idea: AUD/USD - Buy At 0.8870

[Forex-Outlook]

As the Australian dollar has retreated after rising to 0.9092 yesterday, suggesting minor consolidation would take place, however, downside should be limited support at 0.8866 and bring another upmove later to 0.9103 (61.8% projection of 0.8568 to 0.8951 measuring from 0.8866), however, reckon 0.9200 would hold, risk correction later.

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