FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD HAS HIT A MAJOR RESISTENCE AREA OF 0.77256 AS YOU CAN SEE FROM PAST
PRICES IT HAS BEEN A KEY AREA FOR AUDUSD TO REVERSE, ALSO THE TREND LINE HAS
BEEN IDENTIFIED ON THE WEEKLY SO THIS COULD BE A GREAT SHORT.. I HAVE DRAWN OUT
THE TRENDLINE, IDENTIFIED AND MY FIBONNACI RETRACMENT ON THE DAILY , TO IDENTIFY A
TAKE PROFIT LEVEL AT THE KEY FIB OF 0.618, POSSIBLY HITTING THAT TREND LINE.

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