In this case we could get a continuation trade (see Left Chart)
IF: Break of current flag
THEN: Trade short
TARGET: Previous Low
NB This depends on the dollar continuing long. If the dollar goes short then forget about this trade for now.
I'll update this idea as it develops
This is not trading advice
Trainer & Mentor
Additionally, RSI is seeing bearish pressure which supports our bearish bias.
Glad to see that we have the same bias for AUDUSD