AUDUSD Technical Analysis and Trade Idea

Taking a look at the AUDUSD pair at the moment. It has traded up into a key resistance area. We can see a retrace back into support on the 4H chart however there's a significant price gap under the current price level. I will be looking for a buy opportunity if this trades through this gap down into the 61.8 / 78.6 fibo level on the 1D. In the video we discuss key support and resistance levels and how we might be able to get involved if the sSetup presents itself. As always everything explain in the video, not financial advice.