Price is following a downtrend making lower lows & highs. Price has made a lower high now, & reached a very powerful supply zone looking left. I am anticipating for price at this region to resume the overall downtrend towards the projected zones below..
Note
snapshot Daily:
Note
snapshot 1 Hour: Currently a failure to break the last higher high, showing potential signs of reversal which aligns with the daily supply region
AUDUSDdowntrendForexSupply and DemandSupply ZoneSupport and ResistancetrendTrend Analysis

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