AUDUSD SELL: Weekly, Daily & 4hr.

AUDUSD Short Thesis
- On the weekly timeframe price tired to break through 0.7150 monthly but rejected off & closed below forming lower highs.

- On the daily fridays candle closed as a shooting star breaking through 0.7105 signalling bear strength.

- Both daily & weekly moving averages are bearish.

- Now waiting for retest of 0.7105 & ascending trendline after the break. Next target for AU 0.7000

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+15pips