audusd created a peak formation with a drop. right now price seems to be working level1 consolidation and we can expect price to try and make a swing high stop hunt before trying to push lower again to create another impulse move. the area price is at is also a good area for someone who is looking to enter and for those who want a less risky trade, one can try watching the opening of new york session to see if price will make the swing high for the stop hunt or retest the high before making another big drop