Mainly AU is Bearish, price is sitting at a perfect LH area on the Weekly. The Daily is showing the Last push up, which is a great area for Distro. Multiple confluences are here because there has been three pushes up, huge trendline was built below. The 4 hour has broken structure to the downside so we should be getting the official re-distributon opportunity in London tonight.
Hello, I agree with your bearish bias on the AUDUSD. I, too, am looking for a sell and intend to take profit at 0.65849, where the previous swing low and 38.2% Fibonacci line is. Please consider my suggestion: