Signal AUDUSD Sell — D1 - May 12, 2026 11:58 GMT-4
The AUDUSD pair on the D1 timeframe has been exhibiting a bearish trend over the past few weeks. The price has been forming a series of lower highs and lower lows, indicating a strong selling momentum. The recent candles have shown a slight bounce, but the volume has remained relatively low, suggesting that the bulls are struggling to gain traction. The support level at 0.69289 is a key area to watch, as a break below this level could trigger a further decline. The momentum indicators are also pointing to a bearish trend, with the relative strength index (RSI) hovering around…