FX.co ★ Technical analysis of AUD/USD for 10th November 2016

Price is approaching a major resistance level at 0.7693 (Fibonacci projection, Fibonacci retracement, horizontal overlap resistance) where we expect a reaction from and a drop towards 0.7582.

RSI (34) is approaching pullback resistance too.

Sell below 0.7693. Stop loss at 0.7736. Take profit at 0.7582.