AUD/USD Market Structure AnalysisAUD/USDOANDA:AUDUSDMarketStrategysignals📊 AUD/USD Market Structure Analysis 💱 The chart shows a clear bullish recovery phase after a prior downtrend, followed by signs of potential exhaustion near resistance. 🟢 Trend Overview Price has transitioned from a bearish structure into a well-defined bullish channel. Higher highs and higher lows confirm short-term bullish momentum. The channel breakout attempt near the top suggests buying strength is weakening. 🔴 Key Resistance Zone Strong resistance sits around 0.7200 – 0.7228 🚧 Multiple rejections from this area indicate supply pressure. The marked “HIGH” zone is acting as a liquidity area where sellers are stepping in. 🟡 Current Price Behavior Price is now consolidating below resistance (range formation). This sideways movement reflects indecision before the next move. 🔻 Bearish Scenario (More Likely) Failure to break resistance could lead to a pullback ⬇️ Target zone: First: 0.7050 area Further downside if momentum builds The projected path suggests a fake breakout → rejection → drop 🟢 Bullish Scenario (Alternative) A strong breakout and close above 0.7228 📈 → Could trigger continuation toward higher levels Requires volume + momentum confirmation 🧠 Professional Insight Market is at a decision point ⚖️ Buying at resistance is risky; better to wait for: Breakout confirmation, or Pullback into demand zones ⚡ Conclusion 👉 Bias: Slightly Bearish below resistance 👉 Watch for rejection signals to enter short 👉 Break above resistance invalidates bearish view