Analysis on AUSUSD

From the weekly timeframe the Aussie Dollar is clearly Bullish, price just traded into a FVG and just as we expected a short term retracement is occurring giving the Daily timeframe a Bearish bias. therefore we are going to short the market down to the swing low which obviously has Sell side liquidity resting below it, also with the fact that we are currently trading below the 0.50 fib level in a Discount market environment we would want to see a significant short term low taken out for the daily bias to get in sync with the weekly Bias.