Near Term Trend: Negative
Fridays Close: 0.73840 (+ .00052)
UPDATE: Technically, the AUDUSD appears to be in the c wave of an abc downside correction with support either at 0.73080 or 0.71534.
I would be willing to get long of the AUDUSD cross at either support with stops in place on any close below .0730 and 0.715 respectively. The upside target will be up at either 0.81 or 0.83 depending on where support holds.