Sell AUDUSD @ 0.7690. Take profit targets @ 0.7630 and 0.7600
Stop loss @ a close above 0.7730
On the 4 hours chart, the AUDUSD reached the resistance level formed since last month around 0.7690 and it’s showing weakness as the CCI is the overbought zone. There is a divergence between the moving average and the RSI as the moving average is heading upwards whereas the RSI is heading downwards and so, confirming a bearish trend.