AUD/USD) Bearish trend analysis Read The captionSMC Trading point update
Technical analysis of AUD/USD (Australian Dollar / U.S. Dollar) – Bearish Continuation Setup
Timeframe: 1H (IC Markets)
Concepts: Smart Money Concepts (SMC), Market Structure, Fair Value Gap (FVG), EMA Confluence
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Market Structure Overview
The overall structure remains bearish, forming lower highs and lower lows.
Price is trading within a descending channel, respecting both upper and lower trendlines.
The recent impulsive bearish leg suggests continuation after a corrective retracement.
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Key Technical Zones
Retracement Zone (Sell Area):
0.5 – 0.79 Fibonacci levels mark the premium short zone.
Overlaps with a Fair Value Gap (FVG) and supply area, making it a strong potential sell zone.
Zone: 0.6520 – 0.6540
EMA Confluence:
EMA-50 ≈ 0.6528
EMA-200 ≈ 0.6540
Both EMAs are positioned near the FVG zone, confirming dynamic resistance.
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Scenario Plan
1. Expect a short-term retracement toward the 0.652–0.654 region.
2. Look for bearish rejection or lower-timeframe BOS confirmation within the zone.
3. Anticipate continuation to the lower channel boundary, aligning with target point 0.6458.
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Targets
Next Reaction Zone: 0.6500 (intermediate liquidity area)
Final Bearish Target: 0.6458 – marked on chart as the target point
Mr SMC Trading point
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Bias:
> Bearish – Structure, EMAs, and FVG confluence all favor a downside continuation after a corrective pullback.
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