Signal AUDUSD Sell — H4 - July 12, 2026 11:14 GMT-4
On the H4 chart of AUDUSD, the market has been oscillating between 0.688 and 0.697 over the past two weeks. The most recent candle closed lower at 0.6951, after a brief rally to a high of 0.69697, indicating a classic higher‑high / lower‑close pattern that signals waning bullish momentum. Volume on the pull‑back candles (≈5‑6k) is lower than the surge that pushed the price to 0.6969 (≈9‑10k), confirming the lack of conviction behind the upside move. Key resistance sits around 0.6965‑0.6970, while a strong support cluster lies near 0.6930, previously tested multiple times. A break below the 0.6951 level would…