AUD/USD – 2H – SELL

AUD/USD on the 2H chart has triggered multiple bearish signals, including Trendline Retreat Down, Double Bottom Retreat Down, Triple Bottom Retreat Down, BOP Zero Cross Down, STOCHF KD Cross Down, WILLR OB Exit, and MAMA Cross Up, alongside a Fibonacci Retracement at 50%. These signals collectively indicate a strong bearish reversal from resistance. While lower timeframes (15m–1H) are bullish, the 2H trend is just forming, and higher timeframes (12H–1D) remain bearish, suggesting that the short-term bullish momentum may be fading. The confluence of pattern retreats and indicator crosses at a key Fibonacci level reinforces the bearish case. The nearest resistance at 0.70108 is critical; a break above would invalidate the setup. Support at 0.69218 is the immediate target, with a potential extension lower if momentum persists.