AUD/USD: A Key Zone Could Determine the Next Major Move

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AUD/USD: A Key Zone Could Determine the Next Major MoveAustralian Dollar/US DollarFX:AUDUSDfullpriceactionAUD/USD is currently trading below a critical resistance level around 0.7178, within a market structure where price is testing an important technical zone after rebounding from support near 0.7106. Two scenarios remain in play: a confirmed breakout above resistance could open the path toward the liquidity area around 0.7269, while a rejection from this level may strengthen bearish pressure and trigger a gradual decline toward 0.7060, with a potential extension down to 0.6869. Price reaction around this key area will likely be crucial in confirming the market’s next dominant direction. Don't forget to leave a 🚀 under the graph and follow me if you liked this analysis.