Near Term Trend: Bullish
Fridays Close: 0.74544 (+ .00359)
UPDATE:
AUDUSD may have found a floor at 0.73462 and could well have started the next primary wave higher with an eventual target of 0.81103.
If support at 0.73462 fails, there is line in the sand support at 0.73073. If either of those levels holds, AUDUSD should be in for some nice upside.
I would be willing to get long of the AUDUSD cross at either support with stops in place on any close below .073073. The upside target will be 0.81103.