AUDUSD remains in uptrend from 0.7703 and the rise extends to as high as 0.8788 level. Further rise is still possible next week and next target would be at 0.8950-0.9000 area. Near term support is at 0.8543, as long as this level holds, uptrend will continue, however below 0.8543 will take price back to 0.8350-0.8400 area.
For long term analysis, AUDUSD is in long term bullish movement. Further rise towards 0.900-0.9500 area to reach next cycle top on weekly chart is possible in next several weeks.
