Joe_Keegan
Short

BEARISH ABCD PATTERN AUD/USD

FX:AUDUSD   Australian Dollar / U.S. Dollar
due to the non farm payroll pushing price above a near term trend line there is a possible bearish ABCD pattern completing between 0.73403 and 0.73912 with targets between 0.72740 and 0.72519. we are currently trading inside the reversal area but i would expect this market to push a little higher to the 1.618 extension before reversing down towards targets. as mentioned is my previous AUD/USD             post i do expect this market to continue lower and make new lows but don't aim that far ahead if you take this pattern.
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