FX.co ★ AUD/USD profit target reached perfectly once again, prepare to sell

Price has risen and reached our profit target perfectly as expected. We prepare to sell below major resistance at 0.7532 (Fibonacci retracement, horizontal overlap resistance, bearish price action) for a push down to 0.7477 support (Fibonacci extension, horizontal swing low support).

Stochastic (34,5,3) is seeing strong resistance below the 92% level where we expect price to drop further from.

Sell below 0.7532. Stop loss at 0.7565. Take profit at 0.7477.