Today I attempted to sell AUDUSD with a stop-loss order at 0.7024 and a take-profit order at 0.6995. On the M15 timeframe, AUDUSD shows seller dominance, although the downward pressure is no longer as aggressive as in the initial phase. The structure that is quite clear is a strong bearish impulse at the beginning, followed by a correction and consolidation phase. However, the series of bounces hasn't been enough to turn the larger structure into a bullish one.
