AUD/USD has broken the important support, the time to start selling




The price has broken an important support level and we are looking forward to sell on the pullback from this resistance area of 0.7868 (Fibonacci retracement, the overlap downtrend resistance of price action, descending from the resistance) to the push down to at least 0.7791 of support (Fibonacci extension, the Elliott wave theory).

RSI (55) is a descendant of the resistance of the line to keep us in our position to the downside.

Sell below 0.7868. Stop loss is at 0.7913. Take profit is at 0.7791.



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