AUDUSD Bearish Potential | Middle East Tensions Boost USDAUD/USDOANDA:AUDUSDJoeChampionHey Traders, In today’s trading session, we are monitoring AUDUSD for a selling opportunity around the 0.70700 zone. AUDUSD is currently trading in a downtrend and is undergoing a corrective pullback, approaching a key trendline confluence and the 0.70700 support–resistance area. This zone may act as a strong reaction level where sellers could step back in and continue the broader bearish structure. From a fundamental perspective, rising geopolitical tensions in the Middle East are increasing global uncertainty. In such environments, safe-haven demand for the US Dollar tends to strengthen, which could add additional downward pressure on AUDUSD in the near term. If price shows rejection around this level, we could see continuation toward lower levels in line with the prevailing bearish momentum. As always, wait for confirmation and manage risk carefully. Trade safe, Joe.