AUDUSD is very very very oversold.
I have caught a couple of losers on this pair, trying to catch a retracement.
however, the market turned to be overwhelmingly and multiple levels of structure were just neglected!
this Friday the pair is entering the next strong area of support.
analyzing the it still looks like bears a strong enough to push lower.
our task will be to look for reversal signs and try to catch a pullback from the underlined area.
I will be waiting for a reversal formation to buy the market.
I will be aiming at 0.675 / 0.683 levels
*though it is still , in my view, shorting the market from current level is very risky.