After touching 1.0378 resistance, AUDUSD pulled back from 1.0385, however, the fall from 1.0385 would possibly be consolidation of uptrend from 0.9861. Key support is now located at the lower line of the price channel on 4-hour chart, as long as the channel support holds, we'd expect uptrend to resume, and one more rise towards 1.0600 is still possible. One the downside, a clear break below the channel support will indicate that the rise from 0.9861 has completed at 1.0385 already, then the following downward movement could bring price back to 0.9500 area.

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