There is clearly a confluence and or multiple points of resistance above the the current close on the daily. I did take a look at RSI
/ Stocastics / CCI
, and some are showing a very small amount of divergence. But given the "Double High, Low Close candle" I believe we are heading to parody, with a small bounce up then the AUDUSD
will be pushed down to the 1.68 fib level.
Fib was taken from the most resent move up
inputs are 20 , 50, 100, 200
My entry on the daily would be on a 50% of the low close candle
My stop would be just above the double high of the prior candle.