AUDUSD Is approaching the floor of the Ascending Channel after completing 5 impulse bullish waves after the 5 waves price tends to have a mayor decline in price in conjunction with a bear flag the odds for a potential breakdown to the downside is imminent, will execute the trade after a clean breakdown of the floor of the ascending channel following with a downtrend confirmation targets will be place at 0.69988/067616 stops in the top mid range of the channel