FX:AUDUSD   Australian Dollar / U.S. Dollar
With this pair we were forming a rising wedge however instead of staying within the structure we saw a fake breakout. The fake breakout makes it looks like we're retesting to continue to the upside, however, this could be a retail trap. Lower highs and lower lows indicate a sell bias. Fair stop to showing price it respects but will probably hold this short for a few days.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.