AUDUSD recently broke through the from the resistance area lying between the resistance level 0.6770 (which was set as the likely upward target in our earlier forecast for this currency pair) and the 50% Fibonacci correction of the previous downward impulse wave (i) from last month. Given the strong bullish Australian Dollar sentiment seen across the markets today -AUDUSD is expected rise further in the active corrective wave (ii) toward the next resistance level 0.6890 (monthly high from August). The price level 0.6770 is serving as support after it was broken.