AUDUSD: Top-Down Analysis & Potential Pullback Trade 🇦🇺🇺🇸

AUDUSD dropped to key weekly structure support.
0.697 - 0.702 is the zone from where I will look for a pullback trade.

To buy with a confirmation, wait for a bullish breakout of a falling parallel channel on intraday time frames.

Goals will be 0.7165 / 0.7265

In case of a bearish breakout of the blue zone, the setup will be invalid.

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Check my new idea on CHFJPY: