AUDUSD approaching resistance, further potential drop!
AUDUSD is approaching our first resistance at 0.7567 (horizontal overlap resistance, 50% Fibonacci retracement) and price might potentially drop to our first support at 0.7489 (horizontal swing low support, 61.8%, 76.4% Fibonacci retracement, 100% Fibonacci extension).
RSI is also seeing a bearish exit in line with our bearish bias.
RSI is also seeing a bearish exit in line with our bearish bias.
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