AudUsd- Drop to 0.67 could be next

[skrimon]

After the second top at 0.7150 at the beginning of the month, AudUsd dropped hard area and reached 0.6850 in just 3 days.
A recovery followed, but we can see that this rise lacks impulse, is corrective in nature, and is, in fact, a flag pattern .
Rallies above 0.7 are also clearly sold so, I expect a new leg down from AudUsd .
The target for this drop is the 0.67 zone and this bearish scenario is negated by clear buying power above 0.7

 

[Polakandil]

It seems AUDUSD move in the previous trading range with a support zone near the low of 0.68376, yesterday the price tries to form a lower low, however still not yet break the previous low of 0.68554 that formed on February 6, In the hourly now AUDUSD pullback to 0.69037.