The Aussie is trading slightly higher right now. It's looking like we can correct back further though over these next few sessions. I think .8925 is a little optimistic right now, but I am not totally ruling it out.
The weekly charts are still holding up well and today, if we can climb back above .8825 and stay there, it would send a signal to the market which we should listen to.
It would signal we have seen the base and had come back, meaning we should at least look for .8885/.8902 as a possibility. Not sure if it can correct today, but this is something to be aware of as we start the trading week.
The only fly in the ointment would be a close below .8745. If this happens, then even though the weekly charts are drastically oversold we would trade lower and would be looking not at .8885/.8902, but at .8578/68 as a short term viable targeted area.