Looking at previous structure of price for AUD/USD I have marked on this chart
my higher highs, higher lows for previous bull trend as well as lower lows and lower highs for bear trends (D & 4H) with the rectangle blue boxes
January 15 2016 prices reached a low at 0.6829
deep re-tracement a few months later May 2015 20-June 02 Price retraced at 0.7163 ...