Good afternoon. I am analyzing the chart on the H1 timeframe. The daily volatility for the 14-day period for the AUDUSD pair today is 83 p. The upper border of the trading range calculated using volatility: 0.6859. Value of the lower border of the trading range: 0.6734. The stochastic indicator on the time interval D1 signals overbought. Which may have a positive effect on the imminent fall in prices. Resistance for AUDUSD is at 0.6783. In case of fixing above this resistance level, the next target will be the level of 0.6859. If a breakdown of the support level of 0.6735 occurs, the next target for sellers will be the support level of 0.6687.


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