Lingrid | AUDUSD Consolidation May Trigger Bearish ExpansionAustralian Dollar/US DollarFX:AUDUSDLingrid💬 Structure: steady decline inside the broader bearish channel → brief consolidation near resistance → market testing the upper boundary of the local downward structure. After the recent drop, price has entered a short consolidation phase just below a resistance cluster formed by the descending trendline and the upper boundary of the local channel. 📌 Key levels Resistance: 0.6990–0.7010 Support: 0.6900–0.6910 If the resistance zone holds, sellers could regain control and push price back toward the lower region of the broader bearish channel near 0.6900. However, a move above the resistance area could trigger a deeper corrective rebound. Traders, if you like this idea, please leave your thoughts in the comments. I look forward to reading your ideas!