AUD/USD trade set up

FX:AUDUSD   Australian Dollar / U.S. Dollar
230 1 1
AUD broke through out of a rising trend Chanel, broke through important support and is now carving out a new decreasing channel. a retest of former support now resistance would give a good opportunity to go short with a high risk reward ratio
Do you think 1.0330 will offer much support?
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