The pair is expected to decline.
The AUD is falling again. The correction within a wave 2 continues in the form of irregular plane. Supposedly, a wave c of 2 is developing now, with an impetus expected to form within up to a level of 0.7740. The level of 0.8158 is critical in this scenario as the breakout will result in a further growth of the pair.
Sell the pair from correction below the level of 0.8158 with a target at 0.7740.
Breakout and consolidation above the level of 0.8158 will allow the pair to continue the rise up to the levels of 0.8400–0.8500.