FXStreet reports that Credit Suisse analyst team expect further AUD/USD strength.

“With a bullish ‘reversal day’ in place and daily MACD momentum breaking higher again, we look for further upside, with resistance seen initially at 0.7764/70. Beyond here would negate the prior bearish ‘reversal day’ and expose 0.7782, where we would expect to see fresh sellers at first.” 

“Above 0.7782, the aussie can see a fresh test of the April 2018 and current 2021 high at 0.7816/20, which could also prove a tougher barrier to break at first. Nevertheless, above here would reassert the core bull uptrend for 0.7917 next.”