AUDUSD Weekly Chart - Short Target in the coming weeks
if you go back to Apr 2020, you see that the impulse started there and that this peak is the end of the 5th Elliot Wave of the Impulse. Hence the correction Fibonacci should be taken from Apr 2020 and not Nov 2020 - which means you can expect a deeper correction. Also note that using Order Blocks the Demand Zone is at around AUD/USD 0.65 so there is a likelihood price may visit the 0.65-0.70 region in the next 3-9 weeks or so
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