This is how I trade, looking for S&D set ups. allows me to have a much higher RR ratio.
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The last friday's candle closed below previous day high. If you could look deeper, this is the fake bull move. Tuesday and Wednesday's candle look more appropriate than the friday's. Market will pull back inside the last tuesday's bull move.
The only price we should look out for is daily close below 0.6615, especially day after tomorrow(2/6/20) RBA decision. If we see the daily close below 0.6615 and even below 0.6570, then the weekly close will be 0.65.
Trade above 0.67 is unsustainable. It'll come back inside 0.66 and it'll be in the range 0.66 -0.64.
This month is the end of the quarter. So imo, we will test back to 0.63 - 0.65 and at the end of the month it'll break above 0.67 for a trend correction or formation.