On the AUDUSD M15 chart, the last 30‑bar window shows a clear downtrend after a brief rally to the 0.7014 resistance zone. Each of the most recent candles closed lower than they opened, with the high‑volume bearish bar at 0.70025‑0.7014 confirming strong selling pressure. The market has formed a descending channel, with resistance now anchored around 0.7005‑0.7010 and support near 0.6990. Volume spikes on the pull‑backs (e.g., 910 contracts on the 0.7014 high) suggest the rallies lack conviction, while the lower‑volume consolidations near 0.6995 indicate weakening demand. Given the intact bearish structure, a sell entry near the upper edge of…

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