AUDUSD approaching major resistance, potential drop!

AUDUSD is fast approaching major resistance at 0.7643 (Fibonacci retracement, horizontal poullback resistance, descending resistance) and a strong reaction could occur at this level to push prices down to major support at 0.7434 (Fibonacci extension, horizontal swing low support).
RSI (55) sees horizontal resistance at 55% where a corresponding reaction could occur.

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