AUDUSD remains in short term uptrend from 0.9280. Further rise to test 0.9526 resistance is still possible, a break above this level will signal resumption of the longer term uptrend from 0.8847 (Aug 5 low), then the following upward movement could bring price to 1.0000 zone. Support is now at the upward trend line on 4-hour chart, a clear break below the trend line support will indicate that the upward movement from 0.9280 has completed, then deeper decline to 0.9200 area could be seen.
Provided by ForexCycle.com
