If AUD were to close at present levels, it will have put in an outside day key reversal ( higher high than the previous day and a lower low than the previous day with a close below the previous low). The fact that the reversal could come after a fresh trend high is particularly bearish, according to the textbook.
Though I am not a devotee of candlestick charts, I imagine this one would have a dire name like “Hanging man with cholera”.
AUD trades more than a cent below its fresh trend high, set overnight after the AUD employment report.
0.9190/95 is next support on the short-term charts for AUD. 0.9250/55 is resistance.
