this is my analysis on AUDUSD . Price is coming back to retest a previous broken support. In case like this a broken support could turn into a resistance and provide a good point for reversals. We've identified two levels but i think the first is more important cause, look left, it has proved to be strong two times in the most recent time.
So as usual after we find a good point for reversals we go down to lower timeframes and look for shorting opportunities in form of , advanced or simple patterns.
Let's see! If you want to share your standpoint, please comment.
Otherwise, see you in the next chart!
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