I went long on AUDUSD at 0.7700 because I see channel support, previous supply zone, and fib retracement confluence at this 0.7700-0.7750 area. Targets at 0.7765 and 0.7815. Stop loss is at 0.7660, 30ish pips (1 ATR + 10 pips) below the projected low here are 0.7691. Trade at your own risk, this is just my TradingView.
Comment:
Looking at the DAILY chart, maybe we are at the bottom of wave-5 that would take price to 0.8250-0.8300 zone. Remaining bullish till be break any major demand zones.