The Australian dollar may have formed a tweezers top inside an upward sloping wedge. Caution is deemed necessary at this point because if the bottom line of the wedge pattern is broken this would signal a sharp move downward. Taking some profits off the table could be a wise move at this juncture. Divergence between chart and RSI also points to caution!
Disclaimer. This is not investment advise, but is published for educational purposes. No liability will be accepted for any loses resulting from this publication. Wishing you success! :)