For the near term the AUD/USD
looks strong, and given the last two trading days price action resulted in inside bars would to me give a more positive outlook. But given there is also a bearish Gartley
pattern, in which the X point represents the next major hurdle. I don't feel like buying for the longer term. I personally will be looking to sell around the Gartley
completion. I will prefer and be looking for price action to test the next level (X-point), to reduce my risk on this trade.