I published a chart several weeks ago about the AUDUSD being in a Wyckoff Distribution Pattern. However since then the FX pair has been consolidating and continuing to trade in range of the phase C to D pattern. I now believe due to the breakup of the DXY and the breakdown of the AUD that we have exited the Phase D of this pattern that is still in play. We may very well see the AUD rise to test the resistance of this trading range around the 0.76 mark however I believe a 0.70 AUD is feasible within a few months' time.