1)After the steady down-move, the market is consolidating in the support area.
2)The consolidation seems to me like tightening up, 1/2 of my position will be opened if the breakout-up occurs, 1/2 has already been opened with a wider SL.
3)Min. R/R, 1:2.5, PT based on the market structure.
1)The retest of the broken trendline, old resistance area.
2)Entering as the minor pullback on lower timeframes starts. Set one more small Sell limit higher to get better avg entry price. SL Is higher than the top of the trend as I don't exclude possible fake breakouts.
*Just for fun - fundamentals are not supporting AUD as recently there were not so...