Potential bearish drop?

AUD/USD has rejected off the resistance level, which is an overlap resistance and could drop from this level to our take profit.

Entry: 0.7037
Why we like it:
There is an overlap resistance level.

Stop loss: 0.7081
Why we like it:
There is a pullback resistance level.

Take profit: 0.6963
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci projection.

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