AUDUSD: 0.7020 Zone Continues to Pressure BuyersAUD/USDOANDA:AUDUSDJolie_joliAUDUSD maintains a bullish structure on the H4 timeframe, consistently forming higher lows and finding support along the rising trendline. However, the supply zone around 0.7020 has repeatedly halted breakout attempts, indicating significant selling pressure in this area. Fundamentally, the USD remains supported by expectations that the Fed will maintain a tight monetary policy, while the AUD lacks fresh catalysts from Australian and Chinese economic data. Consequently, rallies toward the resistance zone face profit-taking pressure. The preferred scenario is to await the price reaction at 0.7020. If a clear rejection signal emerges and the price drops below this level, AUDUSD could correct toward 0.6970—a confluence point for the rising trendline, the Ichimoku cloud, and dynamic support. This area will be critical for determining whether the uptrend can be sustained. Strategy: Prioritize SELL positions if a rejection signal appears at 0.7020, targeting 0.6970. The bearish scenario is invalidated if the price closes firmly above 0.7020 on the H4 timeframe.