AUD/USD has shifted from a bearish trend to a more sideways type of price action. However, within this sideways consolidation, price action is suggesting that bears are still in control, and might be gearing up for another push lower. $AUDUSD(click to enlarge)Bearish Signs:- First of all, note that price has remained under the 200-day simple moving average (SMA), which reflects a trend that has continued to be bearish.- The bullish price action in November 2018 was what stalled the bearish trend. It pulled the RSI above 60, which reflected a loss of the bearish momentum. However, it did not push above 70, which would have been a sign of bullish momentum.- In 2019 however, the RSI has already dipped back to 30 and has held under 60. This means that the bearish momentum seems to be returning. - Price action also showed a lower high after making a lower low at the turn of the year. - Furthermore, the 2019 price action is completing a head and shoulders pattern. Such a pattern within a downtrend could be interpreted as a bearish pattern.- Finally, the 2/21 price action is completing a bearish engulfing candle - another bearish sign. - I think we will see price revisit the key support area around 0.6825 to 0.68. (Look at the weekly chart below)AUD/USD Weekly Chart(click to enlarge)