AUDUSD broke above 0.7875 key resistance, indicating that the downtrend from 0.8124 had completed at 0.7732 already. Further rally would likely be seen in the coming days and next target would be at 0.7986. Support is located at the rising trend line on the 4-hour chart, only a clear break below the trend line support would indicate that the uptrend is completed, then another fall towards the resistance-turned-support trend line on the weekly chart could be seen.
