AUDUSD Sell Opportunity

The price is going to bounce from the resistance zone formed by SMA100, the downtrend line and 0.76300 resistance level. RSI confirms price reversal. MACD histogram supports downward movement. ADX line falls and it tells us that we should not expect strong upward movement. We have sell opportunity. Pending orders should be placed at 0.76030 level with stop orders at 0.76430 level. Profit targets are 0.75350 and 0.74600 support levels.