Published August 19th, 2008 - 05:34 GMT Al Bawaba The AUDUSD continues to consolidate near its recent low. The consolidation is probably a 4th wave triangle that will give way to a 5th wave terminal thrust. Expect a new low, below .8591. The psychological .85 level is potential support. LatestPopular War to resume: Israel considers new strikes on Iran in coordination with the US US aircraft carrier George Bush crosses the Arabian Sea Did Spain agree or refuse to accept hantavirus cruise ship? Israel extends detention of Gaza flotilla activists A dog companion job with a $75,000 salary causes stir Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news