AUDUSD Bearish Action

By SamGerman
Updated
Using Fib and Support and resistance to determine this bearish move, could however bounce off the support of 0.7500 in which we would be looking for confirmation to buy, however we are currently looking to break this barrier and continue down to a possible 0.7300-0.7300
Comment
If we bounce from the 0.7500 I will be taking profits and then waiting for confirmation to buy.
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