AUD/USD – 2H – SELL

The AUD/USD 2H chart has fired a dense cluster of bearish signals, led by a trendline break down and multiple moving average retreats (DEMA, EMA, KAMA), confirming a loss of upside momentum. The BOP (Balance of Power) zero cross down and CCI exiting oversold territory to the downside reinforce selling pressure, while BBANDS lower band retreat suggests volatility contraction after a failed push lower. The confluence of trendline, indicator, and candlestick patterns points to a short-term bearish bias, with the nearest support at 0.69605 as the immediate target. However, the broader timeframe picture is mixed: the 1H and 30M are still bullish, and the daily is bullish/choppy, indicating that this 2H sell signal may be a counter-trend move within a larger uptrend. The 4H and 8H are bearish but choppy, lacking strong trend scores. Traders should watch for a breakdown below 0.69605 to confirm bearish continuation, or a failure to hold below the broken trendline (now resistance) near 0.70108, which could invalidate the signal.