AUDUSD looking to create a higher low.

After completing the head and shoulders pattern, the AUDUSD is getting a lift with risk appetite stronger across the equity markets globally. We are about to test the .06740/.6750 resistance zone and a break above that could see the Dec lows at the .6800 level. RSI is working off oversold conditions and pointing higher. The AUDUSD did not take out the September lows, and now is looking to make a higher low. That is good news for the bulls near term.