After consolidating for last few sessions, we got breakout in AUDUSD , wait till this hourly candle close and ensure it broke the lower . After valid analysis initiate shorts in AUDUSD based on your risk reward with stops above previous swing high aiming for 0.7600's as Target 1 in Audusd .
Note : Current Audusd ( hourly candle) didn't close below lower of the , short only after valid breakout. Never be in hurry to trade.
Happy Trading !