The AUDUSD has been trending downwards on the daily chart, with a clear bearish momentum evident in the recent price action. The price has been oscillating within a range, with support around 0.698 and resistance at 0.725. The recent candles show a series of lower highs and lower lows, indicating a strong downtrend. The volume has been increasing, suggesting a growing bearish sentiment. The price is currently trading near the upper end of the range, setting up a potential sell opportunity. The signal is supported by the technical context, with a clear sell signal generated by the trend and momentum…

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