On the H1 chart of AUDUSD, the recent 30‑hour window shows a tightening range between 0.6920 and 0.6965, with the last 12 candles forming a descending channel. The price has repeatedly failed to break above the 0.6950 resistance, closing lower on each bar after a modest bullish impulse at 0.6946. Volume has been declining from the early 4,800‑5,000 level to sub‑1,000 contracts in the last three bars, indicating waning buying pressure and a lack of conviction behind the upward moves. The confluence of a bearish candlestick pattern, a falling RSI‑type momentum (implied by lower closes), and diminishing volume supports a…

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