20210708 07.00 AUDUSD trading.

       

• Thu 20210708 07.00 AUDUSD 1h (see AI settings here).
• SMA21 was falling.
• Buyers who entered buy long positions above 0.74626 were stopped out by the -2 bar.
• Sellers who entered short positions below 0.75069 were stopped out by the +1 bar. 
• Price consolidated at the -9 blue level of 0.74807.
• At 07.00 hours, the -2 bar strongly broke down through the -9 level.
• A sell short position sent at 0.74686 or above during the next bar could have returned at least 10 pips within 6 hours.