Aud/Usd Daily chart:
Aud/Usd 4H chart.
What a nice reaction we got from Aud/Usd daily supply (1) level posted over the past few weeks. I was able to get a short position at the top of the daily supply on this one and still holding it.
7 is a good area to look for a short term retrace long. 2, 3, 4, 5 are all good areas to look for shorts.
Juding from the daily levels, Aussie has a loot of room downside.