AUDUSD is currently trading within a peculiar zone of confluence: we see a perfect match between a recently broken horizontal supply area and a falling trend line. I expect a bearish accumulation within the underlined area.
Your confirmation to short will be a double top formation on 1H time frame. 0.6844 - 0.6854 is its neckline. Wait for its bearish breakout (you need an hourly candle close below), then sell on a retest.
Target will be 0.677 Stop will be 0.69
If the price breaks a yellow zone to the upside, the setup will be invalid.
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