FX:AUDUSD Australian Dollar/U.S. Dollar
This is a very predictable and classic pattern. We'e clearly rejecting the 0.76 level, which is also an layer of support as well. Also, with the retail crowd being heavy short this is a great chance to buy. I'm looking to buy at market asap or maybe 0.765 if I'm lucky and targeting 0.803 (1.618 fib ext) into the 0.816 area.