On the H4 chart of AUDUSD the recent price action shows a clear bearish bias. After a brief rally to the 0.708‑0.709 region in early June, the pair retested the 0.706–0.707 band and then broke below the 0.706 support on the 1781726400 candle, closing near 0.7042 with a noticeable volume spike (≈18k). The preceding 0.70497 low on 1781208000 was also accompanied by heavy volume (≈32k), confirming strong selling pressure at that level. Since then, each attempt to recover has been met with diminishing momentum, as evidenced by lower highs and shrinking candle bodies. The confluence of a descending trendline, a…

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