AUDUSD’s upward movement from 0.7159 (Dec 26, 2016 low) extended further to as high as 0.7740. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.7800 area. Key support is at 0.7605, only break below this level could signal completion of the uptrend.
