AUDUSD remains in uptrend from 0.6248, and the rise extends to as high as 0.8674 level. Further rally is still possible next week and next target would be at 0.8900-0.9000 area. Key support is at 0.8155, as long as this level holds, we’d expect uptrend to continue.
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.
