AUDUSD corrects to retracement target

AUDUSD tests the 38.2% retracement of the move up from the December 21 low
The fall has taken the price down to test the 38.2% retracement of the move up from the December 21 low. That retracement level comes in at 0.76826. The low price just reached 0.76806 and are seeing a modest bounce.  A move below the 38.2%