AUDUSD currency pair continues to rise strongly after the pair reversed up from the support area lying at the intersection of the round support level 0.70000 and the lower weekly Bollinger Band. The upward reversal from this support area stopped the previous weekly onward impulse wave (3) from last month. Given the prevailing weekly uptrend and bearish US dollar sentiment, AUDUSD currency pair can be expected to rise further toward the next resistance level 0.72000 (former support from the middle of October).