The AUDUSD has been trending lower on the H4 chart, with a clear bearish momentum evident from the recent price action. The instrument has been trading within a descending channel, with the 0.722 level serving as a key resistance point. The recent candles have shown a strong bearish bias, with the price action suggesting a potential breakdown below the 0.722 level. The volume has been increasing, indicating a strong selling interest in the market. This bearish momentum is likely to continue, with the price potentially targeting the 0.714 level. The current setup supports a sell signal, with the entry point…

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