AUDUSD: Short-term Rebound

AUDUSD, H4

On the H4, AUDUSD has been moving sideways for a long time, and the price has reached the upper boundary of the range. Taking into account that the price bounced from the resistance area again, we can expect a short-term decline.

• AUDUSD sell can be considered in case of further decline with the target to 0.6640 and further to 0.6620;