Possible ascending triangle forming on H4

AUDUSD is hovering around 0.5 Fib retracement of decline from leg down that started on 18 July and ended on 7 August. A break up or down from the triangle are both possibilities. A wait to see where the daily close is today might provide more clues as to possible future direction. Critical round number area of 6900 could see a short term sell off and pullback. Even though the pair looks strongly bullish look to the left for previous areas of support and resistance. Be careful out there!