AUDUSD has constantly for past few session rejected .76639 levels.. so assuming if downward trend continues from partial rise..
A formation - breakout confirmation from here (another long red candle below ) should give us a measured move to .75553.
Red dotted lines are .
Green lines are .. have taken the base of earlier as S2 and S3. S1 is earlier long green candle from where the initial price rise started.
Close the trade, if the downward slide is very slow...
we had similar pattern in one of the instrument, initially the price break but then turnaround due to news and broke its major for new upside.
If it breaks the yellow slanted with strong green candle, may be we will then see change to upside.