AUDUSD - This leg could go down between .71600 to .72000

Another chart showing a good possibility of a downside based on Fib .618 Retracement... which could take AUDUSD to anywhere between .71600 to .72000

Short on AUDUSD... with a SL of .77200

Trade closed: target reached:

Trade worked out beautifully - good example of how well Fibonacci retracement works!