AUDUSD is in the uptrend from 0.7412, the pullback from 0.7605 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 0.7625, followed by 0.7700. Only a clear break below the trend line support would indicate that the upside movement had completed at 0.7605 already, then deeper decline towards 0.7412 could be seen.
