Motion1

AUDUSD Potential Short

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
4hr support has been broken giving way to further downward movement.
RSI is oversold.
Ideal entry would be around 0.72000 psychological level.
Targeting for the 0.71800 61.8% fibonacci retracement level and the 0.71750 daily low (technical support) ahead of 0.7090 (20-DMA) with potential swing being the 0.70000 psychological level.