There are two events that could trigger another low in $AUDUSD:
- Chinese Data (Retail Sales and Industrial Production)
Due to 5:30 GMT – Impact is medium and IMO I do not think it would have a greater impact, however if its too bad it could make the pair vulnerable.
- US Retail Sales
Due to 12:30 GMT - Since the last week one of the major topics was the overall USD Strenght, US Data may have a greater impact and could send the Aussie lower.
The two charts I’m looking right now:
The best case scenario for me is a strong break of 0.9960 to around 0.9880, then a good rebound would also be into consideration.