AUDUSD (SHORT) 0.70000 Possible.
AUD/USD OANDA:AUDUSD
I believe there is a high chance of a short setup on this pair. I will be watching this closely as we have rejected the trendline drawn. I have drawn fibonacci retracement potential also with the D leg extension. This pair has rejected the weekly support numerous of times also. There is a high chance that this pair will go lower than the daily support region.
Have a good week traders!
Bob