Taking swing longs with wider stops and also looking to build up a position intraday with tight stops if we start to see higher lows and higher highs on small charts.
Make or break level for AUDUSD. If a big low has been made we should see buyers defend price as it heads into the important retracement levels. Weekly chart makes this a fairly big zone in pips but high RR potential here fading the current drop with good stop management.