AUDUSD is presenting us with a nice opportunity to sell the retest of structure. We have a very nice broken bear flag , as well as a clear reversal off of the 50% retracement of the large bearish impulse leg.
If we manage to break the 0.686 level of support, I will be targeting the 1.272 and 1.414 extension of the bearish impulse leg. The 1.414 extension of the impulse leg has clear confluence with the 2019 structure lows.