AUDUSD 1-hour market analysis
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AUD/USD on the 1-hour chart has recently shown a sideways upward trend, with the latest price at 0.71672. The upper resistance is at the intraday high of 0.71725, the first support below is at 0.7160, and strong support is at the intraday low of 0.71489. In the short term, it is expected to first test the upper resistance; if it fails to break through effectively, it may pull back to support and move in a range. If it breaks through, there will be further upside potential.
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