Aussie Long set up on daily chart

Confluence of factors supporting long trade:

- recent uptrend (HHs and HLs);
- bullish low test close;
- 20 mean bounce/rejection;
- support at ~0.7800;
- 0.618 Fibonacci level rejection and close above; and
- RSI and Stochastic convergence.

entry - above today's high
stop loss - below today's low
target - most recent swing high and above