AUDUSD approaching resistance, potential drop!

AUDUSD is approaching our first resistance at 0.7444 (horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, bullish channel’s resistance) where a strong drop might occur below this level pushing price down to our major support at 0.7301 (100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
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