#AUDUSD Diamond

Have spotted this one the 60 min chart. Most-likely will break to the downside. Will follow the main move of the dollar as equities will be bearish, as well as commodities while the USD probably surge.

An entry below 1.0587 could be a safe bet. Also this entry will be in the direction of this weeks main move (down) thus augmenting the odds of a successful trade.

By the way, USDx is testing the UTL of the flag pattern as of now.

Here is the chart for Aussie:

The 60 min. chart demonstrate a diamond formation that most-likely will break southfollwing the apreciation of the buck and slide of the commodities.