AUD/USD: Intraday Short Opportunity as Resistance Holds Firm and Momentum Fades

The Setup: Testing Key Resistance

Good morning everyone, Baris Dogan here from Izmir. Let's dig into AUD/USD, a pair I specialize in. While the market has been trending sideways overall, currently trading at 0.65254, I'm eyeing an intraday short setup here. The data is compelling when we look at the immediate resistance. We've seen the pair attempt to push higher today, reaching a day high of 0.65335, but it has repeatedly failed to sustain above the critical 0.6534