AUDUSD H4

Price is approaching a key area of support & resistance below, which aligns with the ascending trend line. This region will be critical for this pair, as it can act as a strong area of support & could see a move back to the upside. However if price does breakdown this zone, a retest of the broken zone as resistance can provide some selling opportunities as well.

Moral of the story is to wait for price action in the zone of interest & adapt ...