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AUDUSD SELL ANALYSIS UPDATE. 4 HR LOOKING GREAT

For traders who have entered short positions based [0.62870], derived by the hourly strong resistance level, the 4 hour downtrend, the previous recent lower low, the overbought RSI, and a few other indicators used.

Conversely, while the primary focus is on sell opportunities due to the overarching downtrend, potential long positions would require more significant confirming signals. These confirmations may include [ a break and close above a key resistance level, bullish divergence on a specific indicator, positive fundamentals and a LOCK.

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