AUDUSD 3H Short

65
The AUD/USD 3-hour chart shows a potential bearish continuation setup as price trades below the Kijun-sen (blue) and Tenkan-sen (red), while remaining well under the Ichimoku cloud (Kumo), indicating a strong bearish trend. The red Kumo ahead reinforces selling pressure, and price’s recent failure to hold above resistance signals further downside potential. A bearish continuation below the current support at 0.6317 could open a path towards the next key level at 0.6306, while a stop-loss above the Kijun-sen near 0.6346 helps manage risk, maintaining a favorable risk-to-reward ratio.
Note
Trade reached take profit before entry

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