AudUsd- Long trade with 1:5 R:R

AudUsd is trading around 0.72 zone, just above very important daily support and a correction is probable from this point on.
Also, the last leg down is a falling wedge and a break above 0.7230 would confirm a reversal, and bulls target can be above 0.73
A drop under 0.7170 would negate this scenario