AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend from 0.9390, and the rise has extended to as high as 1.0344. As long as the trend line support holds, uptrend could be expected to continue, and further rise to 1.0500 is possible after a minor consolidation. On the downside, a clear break below the trend line could indicate that a cycle top has been formed on 4-hour chart, and the rise from 0.9390 has completed, then pullback to 0.9900 could be seen.

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