Break below the descending triangle confirms the downtrend. At the very minimum I’d expect a triple bottom.
http://i60.tinypic.com/18m97m.png
http://i60.tinypic.com/18m97m.png
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DislikedFor AUDUSD looks reasonable to retest 0.77 support area considering the break below the ascending channel. Lets seeIgnored
Disliked{quote} Interest Rate announcement in a few hours will help that along very quickly, be ready Some more opinion better than mine http://ashraflaidi.com/forex-news/wh...t-from-the-rba The range over the past three weeks is 0.7533 to 0.8076 and whatever the RBA decides could send AUD/USD to the extremes of that range before the end of the week.Ignored