FX.co ★ AUD/USD bearish exit, time to start selling

The price has broke our long-term ascending support-turned-resistance line triggering a bearish exit to push the price down. The goal is to sell below the 0.7668 resistance (Fibonacci retracement, bearish pullback resistance, horizontal pullback resistance) for a drop towards 0.7603 (Fibonacci retracement, horizontal overlap support).

The RSI (34) has broken the key 45% level signalling a further drop is expected.

Sell below 0.7668. Stop loss at 0.7695. Take profit at 0.7603.