We saw AUDUSD sideways consolidate between 0.6775 and 0.6700 on the H1 timeframe before breaking support at 0.6700 and plummeting to 0.6570.
We then saw a pullback and shooting star rejection on the previous support, now resistance, as well as the golden fib, which formed a confluence of matrix for a reversal to the downside.
Could we see a continuation leg down and a run towards 0.6570 lows as well as a breakdown further to the 0.6500 zone.
One for the radar!
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