The static resistance placed around 0.774 it was an insuperable hurdle for the audusd in the last year( red line ) as you see in this chart . Today the pair , after touched again this limit in the past days , could suffer a correction .
For tracking the path of this hypothetical event i use the fibonacci arcs that show interesting levels of support . Considering the deadline of this contest a plunge by 2% from the current level seem possible
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