AUD/USD Price Outlook – Trade SetupAustralian Dollar / U.S. DollarFOREXCOM:AUDUSDATFX_Global📊 Technical Structure AUDUSD AUD/USD is maintaining a strong bullish continuation structure, supported by a sharp impulsive rally from the 0.7050 region. Price has successfully broken above the 0.7133–0.7144 support zone, turning it into a demand base. Currently, price is consolidating below the 0.7187–0.7199 resistance zone, with higher lows forming — a classic bullish continuation / breakout buildup structure. The trendline support remains intact, reinforcing the bullish bias. As long as price holds above 0.7130, the structure favors further upside expansion. Short-term bias: Bullish 🎯 Trade Setup (Buy on Dip / Breakout Hybrid) Entry Zone: 0.7133 – 0.7144 Stop Loss: 0.7130 Take Profit 1: 0.7187 Take Profit 2: 0.7199 Risk–Reward Ratio: Approx. 1:3.87 📌 Invalidation: A break below 0.7130 would weaken the bullish structure and expose downside toward 0.7100. 🌐 Macro Background Fundamentals continue to support AUD strength: Risk-on sentiment driven by US–Iran diplomacy hopes USD remains soft despite mild rebounds RBA expected to deliver additional rate hikes (~55bps this year) Equity markets stable, supporting high-beta currencies like AUD However, caution remains as geopolitical developments can shift sentiment quickly. 🔑 Key Technical Levels Resistance Zone: 0.7187 – 0.7199 Support Zone: 0.7133 – 0.7144 Invalidation Level: 0.7130 📌 Trade Summary AUD/USD remains in a bullish structure with consolidation below resistance. Preferred strategy: Buy dips into support or wait for a clean breakout above 0.7200 for continuation toward 0.7230. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.