AUD/USD reversed off its resistance, potential drop!

Price has reversed off its resistance where we expect to see a further drop.

Entry: 0.7046

Why it's good : 61.8% Fibonacci extension, 100% Fibonacci extension, horizontal swing high resistance

Stop Loss : 0.7065

Why it's good : 61.8% Fibonacci retracement

Take Profit : 0.7008

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