In light of recent DXY strength off a major trend line, An AUDUSD play is an important setup as the DXY approaches 100.
- Deceleration on the Stochastic RSI over the past 3 months - Stoch RSI indicating oversold (Converging) - Retesting a 4 year downward sloping trend line. -Forming the Right shoulder to the head & shoulder pattern. -Retesting the horizontal S/R line at 0.7600
Suggest setting an entry below 0.7600 to stay safe