FX:AUDUSD Australian Dollar/U.S. Dollar
Thursday's Engulfing at major resistance zone suggests a top is in place on AUDUSD . We are dubious of Friday's rally and see it as a selling opportunity. Bears will be looking to take out the 7607 - 7590 4h support zone, with a break below there targeting major support confluence above 7450. Only a daily close above 77 would invalidate.