AUDUSD shows a perfect hit at 76.4% Fibonacci retracement. RSI(14) on M30 overbought. Looking for a short, Stop Loss 0.7400 and TP 0.7250 for a Risk/Reward 50/100 trade.
Long trade in AUDUSD with entry close to 61.8% retracement and RSI(14) at M30 in oversold area (see Arrow). Stop Loss shortly below previous low @0.7330. Take profit at 100% extension of prior move, around 0.7450.