Australian Dollar Retesting Resistance

After breaking below 2 month trendline support, the AUDUSD has staged a big comeback and is nearly back to the trendline from which is broke down, which could now act as resistance.

As with other pairs, the decline from the top was only in 3 waves, which leaves open the possibility of a new high above .8390. Monthly R2 is at .8410 and may be resistance.