AUDUSD: Although Corrective pullback risk remains but while the pair hold above the 1.0442/35 levels, our bias remains higher in the short term. However, it will have to return above the 1.0611 level trigger its uptrend resumption towards the 1.0650 level. Further out, resistance resides at the 1.0700 level. On the downside, the alternative scenario will be for the pair to return to the 1.0442/35 levels where a reversal of roles as support is likely to occur. But if this fails to happen, the pair will weaken further towards the 1.0380 level where a breach will aim at the 1.0290 and then the 1.0177 level. All in all, the pair continues to retain its short term bullish tone.