Waiting for a long breakout of the daily flag pattern, we have a nice bullish engulfing pattern for more confirmation of a stronger Aud dollar. Once broken I will look for a retracement back to the upper trendline of the flag to go long. On the weekly chart we also have a strong bullish candle for even more evidence of a rally to the upside.
the euro dollar looks to of made a recent retracement back to the 50% level on the weekly chart. If looking at a price pattern perspective then a ab=cd completion may stop at a 5 month support now resistance area at the 1.4300 level. On my daily charts I also have a daily shark cypher with the D leg completing at the 0.618 level of the XA leg.