AUDUSD continues to rise inside the short-term corrective wave (ii) which started recently from the support area lying between the pivotal support level 0.6670 (which has been reversing the price from January) and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Morning Star – strong buy signal for this currency pair. Given the moderate bearish sentiment affecting the US Dollar – AUDUSD is expected rise further toward the next resistance level 0.6770 (which reversed the price earlier this month). Strong support area remains between the price levels 0.6670 and 0.6650.