See daily chart of AUDUSD below for the discussion that follows.
AUDUSD is approaching a big level of support. Should price get there, I will consider going long if I see bullish price candlestick action (confirmation).
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.