AUD/USD’s upside movement from 0.7501 extended to as high as 0.8038. Further rise is still possible and next target would be at 0.8124 resistance. Near-term support is at 0.7936, followed by the bullish trend line on its 4-hour chart. Only a clear break below the trend line support will indicate that the upside movement had completed at 0.8038 already, then the pair would find next support level at 0.7807.