The AUDUSD H4 chart exhibits a bearish trend, with the price having formed a series of lower highs and lower lows. The recent candles have been trading in a narrow range, indicating a lack of momentum. However, the bearish trend is still intact, and the price is expected to break below the recent lows. The volume has been decreasing, which is a sign of a weakening uptrend. The current price is trading above the support level of 0.722, but it is expected to break below it soon. A close below 0.722 would confirm the bearish trend and lead to further…

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