AUDUSD Aug 22 to Aug 26 Outlook

Recap
Upside triangle did not break to the downside at all. Instead, formed an up channel and drifted higher and paused after 50% of prior week range is reached. Closed the week below Y+1.

Outlook
The upchannel is too structured to last and is already broken to the downside. As long as B+1 to B-0 acts as resistance, a retest of Y-0 to B-2 is likely.