The AUD/USD H4 chart price is seriously overbought. It can be seen that the current RSI indicator has formed a death cross, and the RSI is still at a high level at this stage. Using Fibonacci backtesting can aim at the position of 0.5 as a reference price.
The H1 chart currently forms a top divergence pattern from the perspective of the RSI indicator, indicating that the upward trend has gradually come to an end, and it is suitable for bearishness at a high level.
Suggestions for ordering:
Enter short at a high level.
All transactions involve risks, and the above analysis is for reference only. Be sure to set the number of hands and remember to set a stop loss when placing an order.