Resistance: 1.0446 moderate/1.0498 minor/1.0575 minor
Support: 1.0369 strong/1.0317 moderate/1.0240 minor
AUDUSD is generally bullish though prices are just under a moderate resistance at 1.0446. With a mid level bullish candlestick pattern, Bullish Engulfing in Hourly charts, look for possible buys on a close above the said price. Immediate target is 1.0498 possibly 1.0575 on a break of the latter. A stop loss should be placed below the pattern low or alternatively just under 1.0369.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices