aud-usdTrend is bearish in AUD/USD currency pair, 1 hour time frame. Since yesterday, price of Aussie US$ is going up towards 0.7436 resistance level. This looks like a bearish ending diagonal triangle pattern and price is probably going to rise above 0.7436 price level. However; if price just keep moving down and there is no need to look for a buy trade and stay on the side lines.

By FXOpen