AUDUSD currency pair recently reversed up from the support area located between the key resistance support 0.76840 (which has been reversing the pair from the end of April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse wave 1 from the start of April. The upward reversal from this support area stopped the previous ABC correction 2. Given the persistent AUD bullishness – AUDUSD currency pair can be expected to rise further toward the next resistance level 0.78000 (top of the earlier minor correction (b), which has been reversing the price from the start of May).