I should add that I too am bullish in the near term on the AUD/USD and will be adding more contracts on the breakout. I've been long since Monday last and have some targets in mind using elliot wave.
It looks as though the dollar is consolidating, in the process of forming the end of the cup or beginning of a handle, depending if you take 68.47 or 68.91 as the opposing rim of the cup.
Will wait for a confirmation of the breakout above 68.91.
