Alright guys this is what am expecting to play out from AUDUSD. IF We look carefully AUDUSD has been selling and it has reach a Zone where we need to stop and take a breath. My Overall target for sell is 0.61645 but we need to wait for it to Breakout at 0.63869 for more sells. But we should of course also expect a Pullback to the 0.66000 before going down again....
Again price couldn't break the key level, we've seen a bearish forming. is possible to see a bearish move down to 102.400 Or 101.300
There is a shift in Structure from 7050 level of the Yen Basket which is a good opportunity to those that trade EURJPY, AUDJPY, USDJPY, GBPJPY E.T.C. After the confirmation on H4 We can start looking for a base formation on H1 during New York Session or Asian Session.
once that level is confirmed I will expect a bearish down to 1.26000 as my Take Profit level. My thought though