this is a very interesting pair in the market right now.
AUDUSD give us mix signal on different timeframe. Bearish on daily and weekly, but 4h is bullish as we just broke out the down short term down trend.
Price is now stuck in the range candle which I pointed out in the chart.
For buyers, its better to wait for price to retest the support before enter a buy.
Same for sellers, its much better to wait for price to break down the support and sell on the pull back.
Im personally bullish on this pair but things can change in the future.
Goodluck to everyone.
This is educational ideas, please do your own analysis before placing the trade.