• AUD/USD bulls are in the process of a minor correction.
• The bias remains bearish towards the daily 61.8% Fibo area.

As per the prior analysis, AUD/USD Price Analysis: Bears grind towards key 4-hour support, the bears made their moves and squeeze longs out all the way to a 50% mean reversion of the prior daily bullish impulses range. The following is an analysis of the moves and offers possibilities for the forthcoming sessions and days.