The pair has made a nice upward trend recently, however it is now consolidating in a descending triangle. keep you eye on this one, if it should break the triangle i would be looking for a short term shorting position to around the 0.382 fib level, this is also pervious resistance turned support.

Please let your thoughts good or bad in the comments below.

Happy trading

Peace
GT.
AUDUSDaudusdshortChart PatternsTechnical IndicatorsTrend Analysis

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