AUD/USD 4H – Market Outlook and Trade ThesisAustralian Dollar / U.S. DollarFOREXCOM:AUDUSDActualjusticeAUDUSD AUD/USD is currently trading around 0.6495, sitting just above a prior minor liquidity pocket and approaching a broader demand zone centered around 0.64407. Price action has been steadily retracing from the recent swing highs, and the structure suggests a potential liquidity sweep into the 0.64407 demand zone, which aligns with the base of my marked region. Bullish Scenario My projection is that price will drop into 0.64407, tap the demand zone, reject strongly, and then rotate higher toward the previous major swing high. My target aligns with the upper green zone toward 0.67065, which corresponds to a high-value inefficiency zone and a prior rejection level. This creates a logical buy-to-sell profile: liquidity grabs at the lows followed by a drive into a premium zone where sellers were previously active. Stop-Loss Structure Your stop loss should be placed at the red line below 0.64140, which strategically sits outside the deeper liquidity shelf. If hit, it would invalidate the entire bullish structure and confirm that buyers are not defending the zone. This placement is logical because: 1.It protects you from minor stop hunts inside the redistribution wick cluster. 2.A break below 0.64140 would confirm bearish continuation rather than a corrective pullback. ⸻ Devil’s Advocate: What Could Break This Setup? To avoid bias, here are the key threats to this bullish idea: 1.AUD remains fundamentally weak If risk sentiment worsens or USD strength accelerates on macro data, price may not respect the 0.64407 zone at all.