On the AUDUSD H4 chart, we observe a bearish momentum building up over the past few sessions. The price has been in a descending channel, with the recent candles displaying a clear rejection of the higher highs. The volume has been increasing, indicating a growing interest in the sell-off. The recent candle at 0.7238 has formed a bearish engulfing pattern, confirming the bearish trend. This setup supports our signal to sell, as the price is likely to continue its decline. The key support level to watch is around 0.72267, where the price has been finding buying interest in the past.…

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