The AUDUSD has been displaying a bearish trend over the past few months, with a clear downtrend evident on the daily chart. The price has been oscillating between key support and resistance levels, with the recent candles forming a bearish engulfing pattern. This indicates a potential reversal in the trend, with the price poised to break below the lower end of the trading range. The volume has been increasing in recent days, confirming the strength of the move and supporting the bearish signal. The momentum indicators are also pointing towards a sell signal, with the RSI and Stochastic Oscillator both…

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