Commodities continue to trade higher very aggressively, and this may not stop so easily due to new sanctions against Russia. One of the most important can be a ban on Russian oil imports, which can be introduced in the US this week. Stocks are now also coming down in the US.

Aussie is coming sharply down, very impulsively from the highs so we believe that top is in and that the market will see even weaker in the sessions ahead. Hopefully, we will see a three-wave rally first, back to 0.7310-/60 area before the downtrend resumes.
AUDUSD 4h Elliott Wave Analysis

(AUDUSD)