AUDUSD Reversal off of Prior Resistance Level

Price was unable to break previous high sitting at .74548 with the bears taking control at .74439 continuing the bearish trend, breaking the small uptrend created last week. I am expecting price to retest the bearish trendline at .74275 and from there the bears will take control with price heading towards .73785.

הערה:

Wait for retest before entering trade.