This chart is on the 1 hour. A falling wedge with previous lows charted. I did take a short trade on this and if it gets within 5-10 pips of the first previous low I will close there. I also have analysis on this pair with a bullish harmonic pattern that is very similar with its entry level to the take profit level on this short trade.
AUDUSDaudusdshortChart PatternsforexpertforexpertfxmortonmarketTrend Analysis

Disclaimer