AUDUSD, bounced from pivot. Potential for a further rise.

Description:
Price has bounced from our pivot of 0.77205. We could see a medium-probability bullish scenario, from our pivot at 0.77205 towards 1st resistance at 0.77739. Otherwise, failure to hold above pivot could see price swing lower towards 1st support at 0.76608.

Pivot: 0.77205
Supporting Points:
38.2% Fibonacci retracement, 61.8% Fibonacci extension and graphical overlap resistance

1st Support: 0.76608
Supporting Points:
127% fibonacci retracement, 100% Fibonacci extension and graphical swing low support

1st Resistance: 0.77739
Supporting Points:
78.6% fibonacci retracement, 78.6%, 127% fibonacci extension and horizontal graphical overlap resistance
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