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AUDUSD4-hourBearish

AUDUSD 4-hour (SMC): sell inside the 0.6890–0.6923 bearish FVG

FXFibo editorial · · 1 min read
Summary

A bearish 4-hour BOS printed at 0.6954. After the 0.6854 low, price has returned into a bearish gap, and 0.6890–0.6923 is the sell area.

BiasBearishEntry zone0.6910Stop loss0.6955Target 10.6869Target 20.6854StatusActive
Invalidation: 4-hour close above 0.6950
AUDUSD 4-hour (SMC): sell inside the 0.6890–0.6923 bearish FVG

Main scenario

  • Structure: bearish CHoCH at 0.7014 and bearish BOS at 0.6954
  • Sell zone: bearish FVG at 0.6890–0.6923
  • Targets: 0.6869 (bullish FVG) and 0.6854

Alternative scenario

A move above 0.6950 points to a deeper correction toward 0.6998.

Key levels

  • Resistance: 0.6923, 0.6950, 0.6998
  • Support: 0.6886, 0.6869, 0.6854

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.