Bearish AUD/USD for next 2 hours (hourly chart)

1. Structure has changed to be bearish, as recent highs could not break the last high at all.
2. Immense bullish strength is needed to correct, for hourly, 4 hourly and daily! Possible support @ 0.75360, resistance @ 0.75831. Breaking these levels will give us a better idea of who is in control.

Will update in 2 hours time :)

Trade active:

Shorted AUD/USD @ .75681

Comment:

Price seems to be rejected at the resistance bar. Let's follow this over the next 2 hours and see if we should exit early!

Comment:

Great! Price is moving in our direction. We'll exit @ .75360.

NOTE: Traded price was .75861, made a typo!