AUD/USD - We have just seen a break of the 4 hour trend line and it appears that we will see a second break below the 61.8% fibonacci level. MA have crossed on the 1 hour TF and look likely to cross to highlight bearish momentum on the 4 hour TF too. I will be looking to enter short on the close of a second bearish candle below the 61.8 fib.
AUDUSDbreakoutFibonacciMoving AveragesshortsupportSupport and Resistancetarget

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