AUD/USD Just Confirmed the Fade — Here’s Why I’m Selling

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AUD/USD Just Confirmed the Fade — Here’s Why I’m SellingAUD/USDOANDA:AUDUSDSheenaLI’ve been watching this pair quietly range under key resistance for weeks, but now it’s finally showing its hand. AUD/USD just gave a clean rejection from a stacked confluence zone — weekly trendline, lower high, and both 21 & 200 EMAs capping price. Smart money tapped the zone, failed to break above, and now we’re seeing momentum shift downward. That tells me one thing: continuation is likely. My bias is bearish, with confirmation across the Weekly, Daily, and 4H. Price rejected off a weekly support/resistance flip (0.6499), failed to close above 0.6518, and respected the trendline beautifully. The 4H gave us a minor rally that tapped into structure before dumping — classic mitigation move. As long as we stay below 0.6518, I’m holding a short bias with targets down toward the next clean liquidity pocket near 0.6455 and potentially deeper at 0.6420. 🔻Trade Setup: Entry Zone: 0.6499–0.6504 Stop Loss: 0.6518 Take Profit 1: 0.6455 Take Profit 2: 0.6420 This is a clean setup that fits my criteria as a swing trader. I’m shorting with structure, not emotion — and I’ll let the chart tell me when it’s done. Until then, I’m just flowing with the momentum. 🖤 Let’s trade smart.