Price at recently broken resistance, wait to see behavior.

Updated
Price on AUDUSD recently broke through a pretty significant resistance level and is currently coming back down to retest the level. Recommended action is to wait to see if the price respects the previous resistance as a new support, or breaks through the level again.
Note
Price bounced off of the support level and has gone back down to approach it again. Seems to be respecting the support level yet again.
AUDUSDChart PatternsTechnical AnalysisTrend AnalysisWave Analysis

Disclaimer