Is almost a year now since AudUsd has been trading in a downtrend and in this period, the pair has dropped exactly 1k pips from top to bottom. From December's low of 0.7, Aussie corrected to the upside, but the rise is contained in a rising wedge, giving us an indication that the resumption to the downtrend is probable. The trend line support of this pattern is now broken and AudUsd can revisit 0.7 support in the next trading days/weeks. Sell rallies is my strategy for this pair and a daily close above the previous high would negate this scenario