AUD/USD extended its upside movement from 0.7310 to as high as 0.7424, breaking above the falling trend line on the 4-hour chart. Further rise to test 0.7443 resistance would likely be seen in the coming days, and a breakout of this level could trigger further upside movement towards 0.7600. Support is at 0.7355, only a breakdown below this level could bring the price back towards 0.7310 support.