After a couple of weeks of selling for the Aussie I still think we are destined for the downside once again. if the market can come up to the kill zone around 0.74800 where there is significant Fibonacci confluence it will present an optimal opportunity to get short with an excellent risk reward. ill be looking for multiple rejections or double top or something in the price action to tell me that the market is done. multiple 4 hour rejections of the pink 50 ema would also be a valid entry. Targets at 0.73000 and next point on long term trend line at 0.71800 area
