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AUDUSD approaching strong resistance, potential reversal!

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
easyMarkets Broker  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD Forex forexsignals EUR GBP jpy
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trendanalysis harmonicpatterns chartpattern audusd aud usd forex forexsignals eur gbp jpy
AUDUSD is approaching strong resistance at 0.7643 (Fibonacci retracement, horizontal pullback resistance, descending resistance line) and a strong reaction could occur at that level to push prices all the way down to major support at 0.7434 (Fibonacci extension, horizontal swing low support).
RSI (55) sees horizontal resistance at 55% where a corresponding reaction could occur.

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