AUD/USD has been trading in a wedge formation all week and the parameters are pretty tight now at .8735/.8810 approx. The AUD has made strong gains on some of the crosses this week (AUD/NZD, AUD/JPY, AUD/GBP) but the USD is also very strong so it’s still a bit of a coin toss in my opinion as to which way it breaks. I’m staying out of it for now.