The AUDUSD has been getting flogged lower in the last couple of weeks. From a high of over 1.0800 price has moved lower to now being under parity for the first time in quite a few months.
You will note a Pin bar reversal changed the direction of this market at the very top. Price Action traders now have the chance to join in this strong down move should we get any retraces back higher.
AUDUSD DAILY CHART
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