The AUDUSD daily chart is exhibiting a bearish trend, with the price fluctuating within a descending channel. The recent candles have shown a series of lower highs and lower lows, indicating a weakening upward momentum. The volume has been decreasing, suggesting a lack of strong buying interest. The price has broken below the support level at 0.715, which was previously a resistance level. This breakdown is a bearish signal, confirming our SELL direction. The price action is expected to continue downward, potentially reaching the target at 0.68677. The current setup supports our signal, as the price is reacting to the…

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