AUDUSD Bullish Cypher Pattern Trade Idea

Before our AUDUSD Trade Setup, we would like to share few things.

After breaking below a bullish trend line on the daily chart, AUDUSD continued to break below an important support level at 0.7807 and extended its downside movement to as low as 0.7743, confirming that the bullish movement from 0.7328 had completed at 0.8124 already. Further decline would likely be seen over the next several weeks.
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Source: http://www.fxters.com/audusd-trade-idea-harmonic-cypher-pattern/

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