Majority of traders are still holding onto Longs. This means we should continue to Sell AUDUSD.
The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
The Ratios indicator shows the change in the ratio of market players towards buyers. Their increase while the downtrend may indicate the activity of averaging traders. This can serve as "fuel" for further downtrend.
MVP line is above the price and acts as a resistance level.
The price decrease will be accompanied by the trigger of market crowds’ stop losses, which in turn will serve as a "fuel" for the downward movement.