AUDUSD is in uptrend from 0.9927. Further rise could be expected next week, and next target would be at 1.0800 area. Support is at 1.0300, only break below this level could indicate that lengthier consolidation of uptrend is underway, then pullback to 1.0150-1.0200 area could be seen.
For long term analysis, AUDUSD is forming a cycle bottom at 0.9927 on weekly chart. Range trading between 0.9927 and 1.1080 would likely be seen in next several weeks.
