AUDUSD Running Into Supply — Reversal Loading?Australian Dollar/US DollarFX:AUDUSDFrankAgboPrice on **AUDUSD** has delivered a clean bullish expansion from the lows, breaking structure and pushing into a major **supply/resistance zone**. 🔍 **What stands out:** * Strong impulsive move → clear **shift in market structure (bullish)** * Price now reacting at a **previous distribution zone** * Trendline acting as dynamic support, but price is getting extended * Multiple rejection signs forming near the highs 📉 **Bearish scenario (preferred):** If price fails to break and hold above this supply zone, expect a pullback toward: * **0.7080 (mid support / reaction level)** * **0.6990 (major demand zone)** * Deeper retracement possible if momentum fades 📈 **Bullish continuation:** Clean breakout and consolidation above **0.7170–0.7200** will invalidate the sell idea and open room for further upside. ⚠️ **Execution plan:** Wait for confirmation: * Rejection candles / lower high formation * Or break & retest of intraday structure --- **💡 Key Insight:** This is not a random sell — it’s a **premium zone after a strong rally**. Smart money typically distributes here.