Near Term Trend: Neutral / Bearish
As of 5/13/18 at 9:00pm EST: 0.75621
UPDATE: Last week, I noted I would be selling bounces to 0.75833 with stops on a close above 0.76 and with a target of 0.73434.
AUDUSD bounced sharply after making new short-term lows. Im thinking it pulls back to around 0.74722 to 0.74871 before one more push higher.
I would be covering existing shorts down at 0.74871 and would actually consider going long at 0.74722 with a target of 0.76414.