AUDUSD: 4 Hour cycle is bullish against 1/15 (0.683)

1 hour cycle is bearish against 4/21/16 high (0.783) but it’s expected to break above it later. Near term, cycle from 5/9 low ended at .7635 , and while bounces stay below there, pair can turn lower to correct cycle from 5/9 low before the rally resumes.