The included an (Pink small ) and also a daily structure zone.
Despite its 100 pips decline, AUDUSD still hasn't reached my first target zone which is the daily Fast line so I'm expecting some further decline this week also.
There are 3 potential target zones for AUDUSD's setup:
1. line near 0.755
2. 50, 200 and near 0.735-0.74 - Major
3. Completion of (yellow) near 0.7
I'm not sure that $AUDUSD will reach all the way down to 0.7. The 0.74 zone is as mentioned a very strong daily and it can drive AUDUSD higher ...even above 0.77.. to complete a bigger near 0.79 (blue).
The bulls among you can try to trade the upside potential from 0.74 to 0.79 with 0.76 and 0.77 as additional Target Zones
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