On the D1 chart the AUDUSD pair has been trending lower since the high of 0.724 in early May. The price has respected the 0.716‑0.718 zone as a strong resistance level, then retested the 0.704‑0.706 range before breaking down through 0.702 on the last three daily candles. Volume has risen on the recent declines, confirming bearish participation and suggesting the down‑move is not a short‑term retracement. With the 0.716 area now acting as a ceiling and the market forming lower lows, the next logical target lies near the 0.667‑0.670 support band, where the previous strong bounce occurred. The sell entry…

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