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AUD/USD Potential Downward Movement

AUD/USD Long-Term Trend: Bearish

Key Resistance Levels: 0.6679, 0.6709, 0.6766

Key Support Levels: 0.6641, 0.6621, 0.6601

4-Hour Chart:

The price on the higher time frame has been in a downtrend for some time and recently the pair did a pullback and faced resistance at the 0.6783 level. It has broken a level of 0.6682 which suggests further trend continuation.

AUD/USD Medium-Term Trend: Bearish

30-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 0.6766 and 0.6709 and sustained below that. Recently the pair has broken and retested a minor level of 0.6679 before continuing the momentum.

Signal Idea:

Sell Stop Order @ 0.6664

TP @ 0.6645

Stop Loss @ 0.6683

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Your view is very correctly
    Aud usd
    Eur Usd
    Gbp usd
    This month buying Range start
    Demo robot any inform me thankyou

  2. Hi Vipul, thanks for the trade signal, I’ve closed the trade with a small profit, as it 22:45 here in NZ, so I’m off to catch a few Zzzzz’s.

  3. Hi Vipul, I’ve taken your advice. Fingers crossed 🤞

  4. Hi Vipul, what time frame is this trade suggestion for?
    Many thanks, Pete

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