Aussie has made a nice move down in April with some overlaps but still in five waves from 0.7748, labeled as an expanding diagonal in wave 1. So despite higher prices we see current recovery as a contra-trend move, possibly wave 2 which has some nice resistance near 0.7560 from where bears may show up later this week after a completion of an A)-B)-C) recovery.
AUD/USD, 4H
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