FX.co ★ Ichimoku graphic analysis: AUD/USD

H4

The Aussie benefited from the favourable data on Australia published and the RBA rate left unchanged. The last two trading days have shown strengthening of the rate by 280 pips. At present the Aussie is quoted slightly over 1.0100. Yet, yesterday at the end of the session it reached 1.0150 level under the conditions of a bullish market.
For the period of the recovery, the prices broke though a 4-hour Cloud, which changed its nature upwards.
Additionally, simultaneous growth of the Tenkan-sen and the Kijun-sen was followed by Gold cross (5).
Apparently, the market may well need a rest after such a considerable uptrend, thus the prices are likely to stay firm on their current levels. On the upside this currency can hit the resistance level of 1.0180, which might cause a downtrend on the market.

H1

The 1-hour graphs continue to look bullish with Ichimoku Cloud tending to uprise. The Senkou Span А (1) continues to push the upper limit of the Kumo.
Besides, Gold cross (5) shaped by the Tenkan-sen and the Kijun-sen on Monday still remains.

As to the lines, they are almost vertical, which is the ground to expect further uptrend after a slight consolidation.