09 June 2016 at 6:57 GMT
Ian Coleman - First 4 Trading
Ian Coleman, from First4Trading.net, explains in a technical analysis why AUDUSD has a bearish bias across several timeframes.
He says that the risk/reward for selling AUDUSD is favourable and digests the monthly, weekly, hourly and daily charts.
Coleman plans to sell half a unit at market, and sell another half unit at 0.7460. His stop is 0.7510 and his medium/short-term target is 0.7200.