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 EMA 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.