Hello traders, AUD/USD H4 Currently, there is a struggle with the resistance level at 0.6565. The price has not managed to stay above it yet and has returned below this level. Additionally, there is a move below the moving average, indicating support for the southern direction. So, if this scenario continues, the price is likely to continue south towards the support at 0.6537, where we will reassess. However, if the price returns back above the resistance now, it will establish above the level, signaling a continuation of the northern direction.
