AUD/USD

Hello AUDUSD! We have clearly seen audusd bearish since early 2021. With a possible conclusion from the sellers. A powerful key level is at play. 0.70000 , which had been rejected twice from a monthly candle perspective. Despite apparent rejection from key level, the candlesticks do not translate confidently. Is this a trap? This week will clear thing up. It's clear sellers control the market right now, and they have some steam left. If this plays out down to the 0.70000 area again, or fades out before then, this could show buyers are taking over, at least to the top of the trendline. In the meantime, the trend remains bearish, so sellers are in play, possible to key levels or lower.