I do not mind so much that intermarket relationships driving the AUDUSD are unclear, because the 2 possible wave counts I am tracking also have significantly different implications for the next 12-24 hours. The first count shown below is my preferred count. This wave interpretation makes room for a move towards our original target of 0.9120. I also favor this upside target in AUDUSD as I am watching key technical resistance levels of $78.50 in the crude oil, and 1105 and 1120 in the S&P market.

