Later, during Asia session there will be a cash rate decision. Australian bond market still pricing at least one more rate cut (25bps), and given the RBA want the 7500 target for AUD/USD pair, there is a fair chance we get the rut cut tomorrow. Technically speaking 0.7800 is the intraday resistance (rectangle top, inner trend line, round number ) while 0.7750 is the support ( rectangle bottom, round/ed number, L5 ) and AUDUSD is expected to range until later. If any pullback happens it might be used for “fade the strength” scenario, where 0.7830 ( 50.0 fib, H3, previous buyers/now moment sellers ) and 0.7850 ( H4, previous top, 61.8 fib ) might give us a chance to trade towards 0.7740 and 0.7700 if it breaks.
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