The AUDUSD on the D1 timeframe has been in a downtrend since the beginning of the year, with a series of lower highs and lower lows indicating a strong bearish momentum. The recent candles have shown a slight bounce, but the price remains below the key resistance level of 0.7300, which is also the previous swing high. The volume on this bounce has been relatively weak, suggesting that the bears still have control of the market. Looking ahead, we expect the price to continue its downtrend, potentially reaching the target area around 0.6870. The sell signal is justified by the…

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