Forex technical analysis: AUDUSD tests 50% retracement

Above the 200 bar MA on the 4-hour chart. 
The AUDUSD moved above the 200 bar MA on the 4-hour chart at 0.7597 level and on the break went up to test the 50% retracement of the move down from the March 21 high. That level comes in at 0.76107 level. The high today reached 0.76098.