AUD/USD - Strong downside pressure and potential for bigger drop

Technical analysis:

AUD/USD has been trading downside and we got bearish outside bar on the market.

Trading recommendation:

Watch for selling opportunities on the rallies due to strong downside momentum.

Downside targets are set at the price of 0,7380 and 0,7325

Stochastic is showing-bear cross and strong downside condition, which is confirmation for further bearish movement.

Resistance is set at the price of 0,7470