At 4-hour chart, the AUD/USD pair strengthens after it reached a two-year high. The breach of 0.9467 set a target at 0.9842 for AUD/USD pair.
Earlier at 4-hour chart, this pair has formed a combination of candlesticks Morning Stars thus signaling the uprising movement.
The combination of candlesticks has developed near 0.8770, where the bulls have become stronger and rollback happened after falling. The ascend is also shown by that the Morning Star is located next to the lower limit of the upward trend (daily chart).
It is recommended to place the stop orders near 0.9250 as the breaking through of this mark will denote the uptrend is overcome.