Dear traders, AUD/USD has been in an uptrend for the last few days. However, price has not been able to break the resistance level that I have highlighted in my chart.
Keep in mind, that we have the FOMC event later in the day which could lead to a lot of volatility in the AUD/USD pair. So, be very cautious with your entry.
That being said, if bearish price action forms in the resistance level, traders can consider selling AUD/USD@0.68 with SL above resistance and TP at 0.66.