AUDUSD Reversed Off Resistance, Potential For A Further Drop

AUDUSD reversed off its resistance at 0.7241 (76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop further to its support at 0.71212 (23.6% Fibonacci retracement, horizontal swing low support).

Stochastic (89, 5, 3) reversed off its resistance at 98% where a further drop could occur.