AUD USD has fallen sharply in price in Forex

The AUDUSD currency pair has fallen sharply in price in forex. Considering that this is not a volatile trading instrument, the drop in price by 80 pips is quite noticeable. Now a fractal has formed on a 4-hour time frame, under which a pending sell order can be placed. If soon this level is broken, then it is quite possible to join the bears and open a short position. It is better to fix the profit at the flat level of 0.7600 because it coincides with a strong support level, where the price fall can stop.

Symbol: AUDUSD
Order Type: Pending Order - Sell Stop
Entry Price: 0.7645
Take Profit: 0.7600
Pips Earning: 45