AUD/USD is currently at 0.7741 after a bounce on a significant support and a break of slope resistance.
We are looking for a move to the ATR Target at the 0.7804 area.
Look for a possible continuation to the 0.618 Fibo at 0.7860. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per day.