Dear traders, AUD/USD is slowly reaching a long-term resistance level on the 8H chart from where price could fall if bearish price action takes place at the resistance level.
Based on the above information, traders can consider selling AUD/USD@0.6800 with SL above the resistance zone and TP at 0.6630. However, keep in mind that you should only sell if price struggles to break the resistance and multiple bearish candlesticks form at the resistance level.