FX:AUDUSD   Australian Dollar/U.S. Dollar
On Friday the Aussie formed a bearish engulfing bar on the daily chart , it broke and closed below the resistance level at .788 and has clearly broke out of the ascending wedge .

In the short term we should see lows of .76000 with the possibility of .7200 in the near future.

See below for daily chart .
I appreciate your analysis
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