AUDUSD was firmly rejected yesterday, following a false break above trend-line resistance dating back to April2013 . Pair traded to new highs on Thursday, before finishing the day decisively lower, printing a Shooting Starbearish reversal candle. Sellers will now look to push the pair lower to the .7535 - .7480 daily support zone . Breach of yesterday's high at .7733 invalidates.
Trade closed: target reached:
Impressive follow through on this one Friday, we're neutral down here as hit the top of the target zone