SHORT TERM AUDUSD SHORT

1. Double top at .7800, psychological level
2. Broken daily trend line retest coming at .7700 area
3. 50% fib from .7559 low to .7845 spike high also at .7700
4. USD weakness overdone
5. Trade: Short at .7800, stop .7850, target .7700 (risk 50 pips to win 100)