AUDUSD's upward move from 0.9390 extended to as high as 1.0014. Support is now at 0.9850 followed by 0.9800, as long as these levels hold, uptrend could be expected to continue, and next target would be at 1.0100-1.0150 area. However, a breakdown below 0.9800 will indicate that a cycle top has been formed on 4-hour chart, and the rise from 0.9390 is complete.

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