so on the daily chart it looks like price will soon hit the lower band. considering the fiscal foolishness of the aussie govt. AUD will head higher and the AUDUSD will head lower.
I suspect the uptrend channel will hold true
Could be near an inflection point (trend change). If it were to breakdown, I would be buying in the golden pocket (between 0.5 and 0.618 fib levels).
I would be cautiously bearish until the latest supply zone (resistance) transformed into a demand zone (support).
