AUDUSD continues to rise inside the short-term corrective wave D which started recently from the support level 0.68000 (which has been reversing the price from the middle of June – ending the previous corrections A, (b) and C, as can be seen below). Given the clear bullish Australian dollar sentiment seen across the currency markets today – AUDUSD is likely to extend the gains toward the next resistance level 0.70500 (top of the previous medium-term wave (A) from the start of June).