FX.co ★ AUD/USD dropping perfectly from our selling area, remain bearish

Price has risen as expected towards our selling area yesterday. We remain bearish looking to sell on strength below 0.77430 resistance (Fibonacci retracement, horizontal pullback resistance) for a further push down to 0.7317.

RSI (34) is seeing horizontal resistance at 61%.

Sell below 0.7430. Stop loss at 0.7504. Take profit at 0.7317.