I'm thinking after the bearish push from the 52 week high there will be a slight retraction of price before a continuation to distant low-- Feel free to comment or critique--- Again this is just an idea not investment/financial advice--
After the news settled price moves back toward the 52 week high/ Indicators showing bearish divergence -possibly a very good swing trade opportunity
AUDUSD has recently hit the 52 week high and appears to have formed a bearish pennant- Price may edge higher before a large drop- Trading is risky business and this analysis is not meant for investment purposes- Thanks for viewing