AUDUSD is now trending inside the Motive Wave 5 of the applied Elliott Wave Theory. The Motive Wave 3 was confirmed by the Corrective Wave 2's Fib Retracement around 0.618 applied on the Motive Wave 1. After the completion of bullish Motive Wave 3 the trend has showed the Corrective Wave 4 confirming the Elliott Wave Theory applied to this chart is not false. Also the bullish trend on Motive Wave 5 is confirmed by the drawn Cup & Handle technical pattern. It clearly shows the previous two opposite curves of opposite trends forming the cup and a handle at the end and now it has breached the Resistance01 and formed a breakout for its next bullish trend reversal. It is most likely to continue the bullish trend up to around 0.76200 along with Motive Wave 5 confirmed by the Corrective Wave 4's Fib Retracement around 0.786 and it's good to place buy trades around 0.75000 and exit around 0.76000 where the Motive Wave 5 will come to an end.