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SHORT AUDUSD approaching resistance, potential drop!

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Dólar Australiano/Dólar Americano (FX:AUDUSD)  
Klimex  
FX:AUDUSD   Dólar Australiano/Dólar Americano
Trend Analysis Harmonic Patterns Chart Patterns aud USD AUDUSD forextrading forexanalysis forexsignals
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trendanalysis harmonicpatterns chartpattern aud usd audusd forextrading forexanalysis forexsignals
AUDUSD is approaching our first resistance at 0.7145 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal pullback resistance) where we might see a drop in price to our first support at 0.7092 (horizontal swing low support, 100% Fibonacci extension . 61.8% Fibonacci retracement ).

Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.

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