The rally from .6953 is wave v of C and the objective at .7630 has already been reached (which is where wave v of C would equal wave i of C). The 50% retracement of the decline from .9822 at .7693 is giving bulls fits for now but one more high seems likely this week. Higher RSI on the 240 minute chart suggests that the top is not yet in place (tops almost always occur with momentum divergence). Watch the top of the short term Elliott channel for resistance after the AUDUSD breaks to a new high. A small 4th wave is underway now and there is potential support from Fibonacci at .7431. Structure is bullish above .7245.