AUDUSD should have reached the downside target

The measured downside target from 1.1 is 0.55 so we should expect a consolidation of sideway movement in 0.59-0.71. break above 0.72 means the whole trend changed to uptrend. the main strategic will be buy on dip.

Comment:

After a very handsoome rally of the AUDUSD, we should expect consolidation should follow
expect the AUDUSD go back down 0.68 or even 0.65