The fundamental Bias of this pair is bearish.
Most analysts and financial institutions predict a downtrend. The AUDUSD trend is bearish.
In terms of CFTC data, there are more sell positions on this
Retailers are also buying these assets, which gives our downtrend a better chance.
Technically, the bullish channel is broken and with the pullback to the same channel, the risk position can be received to the appropriate reverb.
Set your SL: 71.908
Set your TP: 71.00