"Universe above" is a down trend. Australia's major export is coal which is on it's way out. USD with Trumps' tax reform means a stronger economy. How much stronger, the chart will tell without you having to do research.
Enter a short at the 78% fib (.7477) and keep moving your stop loss down but initial targets are .744.
Keep watching it. Could continue down from the trend line or become a cup and handle which is continuation up. If the latter, either loosen your stop loss to the other trend line or close and look to enter again at the other trend line (http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation)