AUDUSD to test strong resistance level.

Hello traders as we can see on 4hr chart AUDUSD is in closing channel and will about test resistance level of 0.71700. Either it will break this level and test 50.0 fib level then bounce back or after testing the resistance level it will fall to support level 0.70900. Wait for the price to test resistance level then go for short.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad

Trade closed: target reached:

Price went to 61.8% fib level then it started to drop as we expected it to go according to our 2nd Plan. So traders who already opened trade I suggest you to close it