AUD/USD - Breakout Holding, Buy the Retest

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AUD/USD - Breakout Holding, Buy the RetestAUD/USDOANDA:AUDUSDAuricVerse_HQHi traders, would you chase AUD here or wait for the pullback? AUDUSD is still holding a clean bullish H1 structure after breaking above the previous resistance area. Price remains above the Ichimoku Cloud, but after the push toward 0.7125, I’d rather wait for a better location than chase the move. The area I’m watching is 0.7075–0.7090. If price retests this zone and buyers step back in, I still favor continuation toward: 🎯 Target: 0.7130 The macro backdrop also supports the idea. Australian consumer sentiment jumped 6.0% in August, while the US Dollar remains under pressure as markets continue to scale back expectations for another near-term Fed hike. AUD/USD has consequently been holding around its strongest levels in roughly ten weeks. I wouldn’t buy aggressively around 0.7100–0.7110. A controlled retest into the old breakout area would offer a cleaner structure and better risk placement. If H1 starts accepting price below 0.7075, the bullish continuation setup loses quality. AURICVERSE View: the breakout has already done its job. Now I want to see whether former resistance can actually behave as support. If it does, 0.7130 remains the next level on my radar. How are you reading this structure? Share your view below.