AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9280. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 0.9800 area. On the downside, a clear break below the trend line support will indicate that consolidation of the uptrend is underway, then pullback to 0.9600 area to complete the consolidation is possible.
Provided by ForexCycle.com