Signal AUDUSD Sell — H4 - July 11, 2026 11:30 GMT-4
The AUDUSD H4 chart displays a bearish reversal setup following a prolonged uptrend. Recent price action shows a critical resistance level at 0.6959, which was breached in the prior candle closing at 0.6951. This close below the key high suggests weakening bullish momentum, with volume contraction (5629) indicating reduced buying pressure. The formation of a descending triangle pattern between 0.6941 and 0.6959 highlights potential consolidation before a downtrend continuation. Current price is near the lower boundary of this pattern, supported by a series of lower highs and higher lows, creating a clear bearish bias. The recent low at 0.6941 acts…