AUD/USD Channel Breakout

 | Feb 26, 2019 08:42AM ET

AUD/USD Bearish: Currently we are at 0.7149 and in a range. IF we can break the support here, we are looking for the continuation to the 0.786 Fibonacci at 0.7110. The overall target is the range bottom at 0.7060 area. The average daily true range (ATR) for the pair currently is 64 pips.