AUDUSD Bulls Return as US Treasury Crisis Hits the Dollar!AUD/USDOANDA:AUDUSDJoeChampionHey Traders, In today's trading session, we are monitoring AUDUSD for a potential buying opportunity around the 0.71200 zone. AUDUSD remains in a broader uptrend and is currently undergoing a corrective move, with price approaching the 0.71200 support and resistance area, which aligns with a key trend-support zone. From a macro perspective, the broader setup remains supportive of the Australian Dollar as the U.S. Dollar continues to face pressure from growing concerns around the U.S. Treasury and bond market. U.S. Treasury yields have been pushing higher despite efforts to stabilize the long end of the curve, raising questions around investor confidence in U.S. fiscal policy. This dynamic can create additional downside pressure on the Dollar as investors reassess exposure to USD-denominated assets. For AUDUSD, a weaker Dollar provides an important tailwind. The Australian Dollar can also benefit from improving risk appetite and its sensitivity to global commodity markets. At the same time, the market remains highly sensitive to developments in the U.S. bond market. If concerns around Treasury credibility persist, further USD weakness could provide additional upside momentum for AUDUSD. With price correcting toward the 0.71200 support zone within an established bullish structure, this pullback could offer an attractive opportunity to look for bullish continuation. As long as price holds above the 0.71200 support zone, the bullish structure remains intact, with further upside possible. Trade safe, Joe