AUD/USD Technical analysis H-1 Chart 
Based on the image you've provided, here is an analysis of the AUD/USD H1 chart: * Currency Pair and Timeframe: The chart shows the AUD/USD (Australian Dollar vs. US Dollar) pair on a 1-hour (H1) timeframe. * Price Action: The dominant trend from August 18th to August 21st was a strong downtrend. The price has been steadily falling, as indicated by the series of lower highs and lower lows. * Moving Average: There is a red moving average line on the chart. The price is consistently trading below this moving average, which further confirms the bearish trend. * Support/Resistance: There are two horizontal lines drawn on the chart. The price seems to have found a support level around 0.6423, as it is currently trading and consolidating around this area. The upper purple line could represent a previous support level that has now been broken and may act as resistance. * RSI (Relative Strength Index): The RSI(14) indicator is shown below the main chart. It has dropped significantly and is currently below the 30 level, indicating that the currency pair is in an oversold condition. * OsMA (Oscillator of Moving Average): This indicator, also displayed at the bottom, shows a series of red bars below the zero line, which is consistent with the bearish trend. * Current State: As of the last candlestick on the chart (which appears to be from late on August 21st or early on August 22nd), the price is consolidating in a tight range just above the 0.6423 support level. The RSI is in the oversold region, which could signal a potential short-term bounce or reversal, but the overall trend remains bearish.
