AUDUSD bounced of long term support only to form a bearish pin

Sadly, the fires caused long-term damage to the Australian economy, I don't think yesterday's pinbar is anything but an opportunity to go short some more. It formed on a level of the previous swing and looks very trustworthy considering its size. From a technical perspective, we should be wary of support ahead, but I don't think it can hold given the fundamental reasons.

I think a minimum of RRR 1:2 will work here, but it is not the limit.
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