AUDUSD Bears Eye 0.7080 and 0.7020 as Support WeakensAUD/USDOANDA:AUDUSDKlejdiCuniAUDUSD Bears Eye 0.7080 and 0.7020 as Support Weakens AUDUSD is currently testing the lower boundary of a rising channel after failing to establish higher highs. The structure remains vulnerable, and a break below the ascending support could trigger a bearish continuation move. The first downside target is located around 0.7080, where previous demand entered the market. If selling pressure accelerates, the next major target sits near 0.7020. The most risky part of this trade is the NFP data today at the US market open. The pattern is bearish, but AUDUSD will be affected by the data, which is more of a speculative moment for market participants. Targets: 0.7080 → 0.7020 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️