AUDUSD Price Bounce from Key Support

Price tested key support as the AUD falls along side the ASX. Look for a potential move to retest key support.

Trade Step-ups:

Scenario One (Bullish Reversal)L: Price rejects a bearish breakout. Look for a potential move to the topside of the bearish channel.

Scenario Two (Bearish Breakout): Price breaks final key support level of the bearish channel.