A possible bearish cypher pattern for AUDUSD, next week.

19 May

The price may break out the Daily Bearish Channel (false breakout), then get rejected at a major resistance level (0.67645), to head down to the fib level 0618. I expect the price to rise from the fib level to make a new high.

https://www.tradingview.com/chart/oYxhtOV6/