AUDUSD Cypher Pattern Continuation

AUDUSD fell sharply after a completion of a cypher pattern, finding resistance at 78.8%.
Price has retraced back to the neckline, which is also a zone of support and resistance.
As price has been resisted at this level, we expect price to continue falling back to previous low at around 0.6800.
AUDUSDTrend Analysis

Penafian