AUD/USD Intraday Signal: Downside Toward 0.6900
Analysis:
AUD/USD has rejected the 0.7100–0.7150 supply region and is now showing renewed bearish momentum on the 4H timeframe. The formation of lower highs near this resistance area indicates that sellers remain active, while the recent breakdown toward 0.7000 confirms short-term downside pressure.
Price is currently approaching the 0.6900 demand zone, which aligns with the nearest liquidity pool and structural support. A break below this level could extend the decline toward 0.6750. Only a sustained move back above 0.7050 would invalidate the bearish scenario and shift focus toward the 0.7100 resistance area again.
Trade Setup:
Enter: Short below 0.7050
Stop-Loss (SL): 0.7100
Target A: 0.6900
Target B: 0.6750