Closing AUD/USD For A Minor Profit Ahead Of Possible Sharp Reversal From Ending Diagonal

I just closed out the AUDUSD trade for a minor profit at 0.8978 following a very impressive new home sales number from June. New home sales increased 24 percent from May to a yearly pace of 330,000, up from the May bomb of a 267,000 annual pace, and ahead of analyst's expectations of 310,000. S&P's exploded through the 1105 level, last trade of 1109.58, while the USDX was mostly range-bound as a result of the weak yen, strong euro reaction. Our AUDUSD long continued to grind higher, but the overwhelming resemblance of an ending diagonal caused me to close out the long position. It's very possible the market will push above 0.9000 to have a look at any buy stops there, but the downside risk that exists from the implications of an ending diagonal are much too great to ignore. Flat here and am looking for additional evidence that this is in fact an ending diagonal. Will consider short positions with further confirmation