AUDUSD at a key level

This pair is at key DTL resistance
-Break above this is bullish
-Looks as though we have broken out and retested the pennant
-MA's look as if they're to cross to downside
-Major rejection wick
-Failed to close above MA
-Put in a new low

I favour the downside and the break of DTL voids my idea
*A spike to weekly res 0.725 would be my ideal entry

Just look for confluences and Trade Em'

Trade active:

At a key fibonacci so time to lock in some profits.

Comment:

The 78.6 touch invalidates the bullish bias in my opinion so we're heading lower