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.