AUDUSD bounced back from 200 MA

AUDUSD pair in the daily timeframe. The price is now in an uptrend. If we draw a fib by last swing high and last swing low then the price is just resuming its uptrend from 61.8% fib level after the retracement.

This fib level coincides with 200 MA. This is a nice confluence of price action and indicator. I've entered the trade and now I have 50 pips profit. I've put my TP at the monthly pivot level. I believe price will reach the pivot level soon.