Aud/Usd Short Opprtunity

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD             recently broke though a key support level . The pair is also trading within a channel, and is now likely to complete the ABCD pattern . The shaded area is my profit target, which corresponds to a monthly Fibonacci level, while a stop will be set a little above the support line due to the probability of a retest. I believe this pair can possibly drop below the shaded area but that is my first target now that support has been broken.
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