AUDUSD — Riding the 30W Anchor Back to the Highs

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AUDUSD — Riding the 30W Anchor Back to the HighsAustralian Dollar vs. US DollarFX:AUDUSDMoNi_MoNAUDUSD has been one of the cleanest structural stories on my board this cycle. The 30W is the anchor here — three consecutive bullish quarters off the 0.59132 low, higher highs and higher lows the whole way. That's the trend. Everything underneath it is either confirming that direction or temporarily arguing against it. The pullback: After tagging 0.72776, the 4W printed a near-doji at the highs — a classic rejection candle — and the market pulled back hard, down to 0.68827, right into the 3M End of Wick zone. That zone held, and price has been building a base there since. Why this isn't a reversal: a pullback inside a confirmed 30W bull trend is not a trend change. The market cleared weak longs and reset before the anchor reasserts. The current 6M candle dipped into that same zone and is now printing a supportive lower wick as it recovers — absorption, not distribution. My entries: Long 0.12 lots at 0.68947, SL 0.68557. Long 0.12 lots at 0.68906, SL 0.68586. Long 0.60 lots at 0.69408, SL 0.69063. A buy limit is also resting at 0.66950 — the deeper 30W liquidity zone from the prior candle's shadow — still untouched. Structure above: 0.69787 needs to hold as the right-side bullish anchor, then the fib stack toward 0.71634, with the 30W high at 0.72776 as the target if this plays out the way the anchor suggests. Invalidation: a daily close back below 0.69787 puts the thesis under real pressure. Until then, this reads as a pullback inside a bull trend, not the start of something else. Structure first. Everything else is noise until proven otherwise.