- 1/ The AUD/USD has just tested the Resistance of 200 day's Moving Average Line which is also the 61.8% Fibo's Retracement. 0.7100 was a previous support position and became a resistance since it had been broken on Jan 6.
- 2/ The gives a over-buying value on 4hour's chart.
- 2/ Suggest try short it at current price:
Keep an eye on it.
0.71058(61.8%) is the point for the price to reach 0.7200, and the 0.704(76.4%) is a door to 0.6935.(100%)