The AUDUSD instrument has been exhibiting a bearish trend on the H4 timeframe, with a significant drop in price over the past week. The recent candles display a series of lower highs and lower lows, indicating a strengthening downtrend. The volume has been substantial, particularly on the downswings, which suggests a strong selling pressure. The close of the last candle is at 0.72092, just below the 0.7225 resistance level. Given the momentum and volume, it is reasonable to expect the downtrend to continue. The AUDUSD's decline may be attributed to the recent interest rate hikes in Australia, which have made…

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