FX.co ★ AUD/USD at major resistance, start to sell.

Price reached our profit target perfectly once again from yesterday. We turn bearish below 0.7591 resistance (Fibonacci retracement, Fibonacci projection, descending resistance) for a drop towards 0.7511.

RSI(34) is right below a major descending resistance line.

Stochastics (34,5,3) is also below an 80% resistance line.

Sell below 0.7591. Stop loss at 0.7632. Take profit at 0.7511.