AUDUSD Daily Analysis – August 30, 2019

AUDUSD is facing the support of the lower border of the triangle pattern on the 4-hour chart, a breakdown below could take the price to 0.6600 area. On the other side, a breakout of the upper border of the pattern would suggest that the downtrend had completed at 0.6677 already, then further rally to 0.6900 area could be seen.

AUDUSD 4-hour chart