AUDUSD is approaching our first resistance at 0.7146 (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) where we might see a drop to our major support at 0.70968 (61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.