AUD/USD:
The AUD/USD D1 chart shows that the price is currently trying to break the lower support level. Judging from the current hawkish signals from the Federal Reserve, the AUD/USD is expected to continue to record lows. The long term is still suitable for shorting.
H1 chart price is currently capped by overhead resistance. And the price tried several times to break above the resistance level but failed. The RSI indicator can also see that the price is currently below fifty percent, and the trend is biased towards bearishness.
Order suggestion:
Go short at high.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
