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AUDUSDDailyBearish

AUDUSD daily (SMC): sell from bearish FVGs at 0.6903–0.6955

FXFibo editorial · · 1 min read
Summary

A bearish daily CHoCH at 0.6894 turned the structure bearish, with a low at 0.6854. The current pullback has entered bearish fair value gaps.

BiasBearishEntry zone0.6935Stop loss0.6985Target 10.6854Target 20.6800StatusActive
Invalidation: Daily close above 0.7022
AUDUSD daily (SMC): sell from bearish FVGs at 0.6903–0.6955

Main scenario

  • Structure: bearish CHoCH at 0.6894 and a low at 0.6854
  • Sell zone: bearish FVGs at 0.6903–0.6924 and 0.6942–0.6954
  • Targets: 0.6854 and 0.6800

Alternative scenario

Acceptance above 0.7022 (daily order block) invalidates the bearish view and targets 0.7068.

Key levels

  • Resistance: 0.6924, 0.6954, 0.7022
  • Support: 0.6870, 0.6854, 0.6800

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.