FX:AUDUSD Australian Dollar/U.S. Dollar
Overall trend has been since 2012, Waiting for counter trend line to be broken to continue with the downtrend on the hourly chart. I believe we are looking at a target of around 0.77000, 400 odd pip move . Fib extension 2.618 is within the targeted area also for extra confluence, then if you go onto a larger time frame you will see this target has been used as a resistance/support in the past.