NEW UPDATE AND ANALYSIS on AUDUSD

We previously expected price to be held hostage and bounce back up in the 0.68920-0.68800 area and forming what looked like an IHS. However price broke that support which now looking like a strong resistance. As a result, if price decides to retrace back in that area and gives us a gud entry raison we will be looking for a gud shorting opportunity.
Nonetheless this pair is bearish.
Gud Luck