currently looking at a possible upward movement from the AUDUSD

The daily chart looks good as we had that bullish engulfing candle on Friday, currently, the down trend still looks strong but there is an interesting possible inverted heads and shoulders pattern, whereby if that happens then well be seeing an upward movement to our first target which is 0.070500, and then letter on to 0.7100, but this is all dependent up on breaking that downward trend line on H.1 first