AUDUSD 1Hr
The AUDUSD is in a strong downtrend making lower lows and lower highs. Prices should however rally to around 0.8667which represents the 38.2 retracement of wave (III). Another important level to watch is 0.868 which represents the 61.8 retracement of the latest down swing. Expecting the AUDUSD to retest the lows after rallying to around 0.8667- 0.868 price level.
