As my analysis for this pair before, price had broken through my retest point (Fib level 0.5). In this situation, AUD is bearish from the result in COT report, and hedge fund always willing to buy high sell low, so I combined both technical analysis and COT perspectives, wait for a sell signal occurred in Fib level 0.618.
Kindly take note that my analysis is based on COT report and technical analysis . Also, we always reacting to the market instead of predicting the market.