AUDUSD moved sideways in a range between 1.0145 and 1.0385. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is at 1.0145, as long as 1.0145 support holds, the price action in the trading range is treated as consolidation of uptrend from 0.9861, and another rise towards 1.0600 is still possible, only a breakdown below 1.0145 will indicate the 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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