AUD/USD approaching resistance, potential reversal!

Price is approaching its resistance where a potential reversal could occur.

Entry : 0.7080

Why it's good : 61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance

Stop Loss : 0.7129

Why it's good : 78.6% Fibonacci retracement

Take Profit : 0.7013

Why it's good : 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance