In December of 2018, we saw that $AUDUSD failed a bullish attempt and turned to a bearish continuation scenario.AUD/USD Bears Clearly in Control Again; 0.6825 in SightNow, after 5 bearish but choppy months of forming a descending triangle, AUD/USD finally broke lower in May, and is now approaching that 0.6825 target.AUD/USD Daily Chart(click to enlarge)Bearish Continuation:- Note that during 2019, price was forming a descending triangle, which has a subtle bearish bias, especially when the prevailing trend was bearish.- Also, price continued to hold under the 200-day simple moving average while the RSI held under 60.- These were all signs that bears were in charge.- In May, bears charged through the support around 0.70. - Now, price is approaching the 0.6825 support, going back to 2016. (refer to weekly chart below)Anticipating Support; Reward to Risk of Trade Idea:- I am anticipating some support around 0.68, but would limit any bullish outlook to 0.70. - Let's say we do get an entry triggered around 0.6810 with a stop at 0.6740. That's a 70 pip risk.- If our target is 0.6960 (shy of 0.70), we would see a potential gain of 140 pips. - This trade idea is not that aggressive and still offers a reward to risk of about 2:1.AUD/USD Weekly Chart(click to enlarge)