AUD/USD: Another attempt towards the 61.8% Fibo

Yesterday the Australian Dollar rallied versus the US Dollar, pushed by the better than expected readings on the Australian labor sector, but today we see that the pair has fallen again rapidly and it is trying to reach the 61.8% Fibonacci retracement of the move from the 0.7016 level to the 0.7384. The 61.8% Fibo is around the 0.7156 level and if the price visits that level, it may try to bounce from that zone to the upside. Below the 61.8% Fibo, the 76.4% may also act as a support. To the upside, the 23.6% may act as a resistance in case the price goes back up.