The AUDUSD pair has reached a new daily high and is currently trading at its highest level since July 27. The price has just touched 0.6794, indicating a significant upward momentum.On the daily chart, this ascent brings the pair close to a crucial resistance zone, which lies between 0.6805 and 0.6820. Within this zone is the 61.8% Fibonacci retracement of the 2023 range, a key level derived from the decline from the high in February 2023. Surpassing this swing area and the Fibonacci level would reinforce the bullish perspective from a technical standpoint.Conversely, for traders considering potential short positions, this resistance zone offers an opportunity. The area around 0.6820 can be
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