AUD/USD reached our profit target previously. Now we're bullish expecting a bounce up first before a further drop to 0.7325 (50% retracement and close to 62% retracement) along with key graphical support level. The RSI has broken the ascending support-turned-resistance line strongly, too, signalling further decline.
Trading recommendations:
Sell now and once more at 0.7410
Take profit at 0.7325
Stop loss at 0.7470
