AUDUSD – strong bearish signal on eventual break below daily cloud

The Aussie stands in red on Friday and establishes below daily cloud base which was eventually taken out on Thursday’s strong fall.
Fresh bearish extension on Friday broke below rising 100SMA (0.7782) and approached target at 0.7733 (FE 200% of current wave C from 0.8102, 20 Sep high).
Bears may travel to 0.7663 (200SMA / FE 238.2%) on stronger acceleration if US jobs data beat forecasts.
Broken base of thick daily cloud mark initial and solid resistance at 0.7800, followed by falling 10SMA at 0.7843, which tracks the downtrend in past two weeks.

Res: 0.7779; 0.7800; 0.7843; 0.7865
Sup: 0.7733; 0.7700; 0.7663; 0.7620