AUD/USD — Recovery From the LowsAUD/USDOANDA:AUDUSDYong726AUD/USD 4H — Recovery From the Lows, But Bulls Still Need to Reclaim 0.7000 1. Market Overview AUD/USD is attempting a short-term recovery on the 4H chart after forming a local bottom around the 0.6870–0.6880 area. Price has gradually moved higher and is now trading near 0.6950, showing that buyers are trying to rebuild momentum after the recent sell-off. However, the pair is still below the previous breakdown zone around 0.7000–0.7060, which means the recovery is not fully confirmed yet. The next reaction around the upper resistance area will be important for deciding whether this is a real recovery phase or just a corrective bounce within the broader bearish structure. 2. Market Structure From a market structure perspective, AUD/USD is still recovering inside a broader bearish structure. The previous move created a clear sequence of lower highs and lower lows, especially after the breakdown below the 0.7060 area. This shows that sellers were in control for most of the recent trend. The latest rebound from the 0.6870–0.6880 zone is constructive, but it has not yet broken the bearish structure. To confirm a stronger shift, AUD/USD needs to reclaim the 0.7000–0.7060 resistance area with a clean breakout. 3.Daily / 4H Multi-Timeframe View On the 4H timeframe, the price is showing short-term recovery momentum. Buyers have defended the lower range and are now pushing the pair back toward the first important resistance zone. From a broader daily perspective, the pair still needs more confirmation. The larger structure remains under pressure because the price is still trading below previous support-turned-resistance areas. Until AUD/USD breaks back above 0.7000–0.7060, the current move should be treated as a recovery attempt rather than a confirmed bullish reversal. 4. Key Resistance 0.6960–0.6980 This is the immediate resistance zone. Price is approaching this area now, and short-term profit-taking may appear here. 0.7000–0.702 This is the key psychological resistance area. A breakout above this level would show that buyers are gaining more control. 0.7040–0.7060 This is the major structural resistance zone. It was previously a key support area before the breakdown, so sellers may defend it strongly if the price reaches this zone. 5. Key Support 0.6920–0.6900 = This is the nearest short-term support area. Holding above this zone would keep the current recovery structure alive. 0.6880–0.6870 = This is the recent bottom area. If price returns to this zone, buyers need to defend it again. 0.6850–0.6820 = This is the lower support zone. A break below this area would confirm that bearish pressure is returning. 6. Momentum & Volatility Check Short-term momentum is improving, but it is not yet strong enough to confirm a full bullish reversal. The latest move shows gradual buyer participation, but volatility remains controlled. This means AUD/USD may need a stronger breakout candle above resistance before the market becomes more confident. If price continues to grind higher without strong momentum, the pair may face rejection near 0.7000. A clean breakout, however, could quickly shift sentiment toward a stronger recovery phase. 7.Bullish Factors The first bullish factor is that buyers defended the 0.6870–0.6880 area, creating a short-term base. The second positive sign is that the price has recovered back above 0.6900, which is an important psychological area. The third factor is that the 4H structure is starting to improve. If AUD/USD can continue forming higher lows above 0.6900, buyers may have a chance to push toward the next resistance zone. A confirmed breakout above 0.7000 would be the strongest signal that the recovery is gaining strength. 8. Bearish Risks The biggest bearish risk is that the broader structure has not fully changed yet. AUD/USD is still trading below the previous breakdown area, and sellers may appear again around 0.6960–0.7000. If price fails to break above this zone, the rebound may start to lose momentum. A break below 0.6900 would weaken the current recovery, while a clean move below 0.6870 would bring sellers back into control. 9. Bullish Scenario If AUD/USD holds above 0.6920–0.6900 and breaks above 0.6960–0.6980, buyers may attempt a move toward the 0.7000–0.7020 resistance zone. If the price can break and hold above 0.7020, the next target would be 0.7040–0.7060. A sustained move above 0.7060 would be a stronger sign that the bearish structure is weakening and that a broader recovery may be developing. 10. Bearish Scenario If AUD/USD rejects from 0.6960–0.7000, short-term selling pressure may return. A break below 0.6900 would weaken the current rebound and could send the price back toward 0.6880–0.6870. If the pair breaks below 0.6870, the recovery structure would fail, and AUD/USD could move lower toward 0.6850–0.6820. 11. Market Sentiment Market sentiment is currently neutral to cautiously improving. Buyers have stepped in from the lows, but the pair is still below a key resistance zone. This means the recovery is visible, but confirmation is still missing. Above 0.7000, sentiment may improve further. Below 0.6900, the rebound may start to lose strength. 12. Trading Plan Style Summary Plan: * Above 0.7000: recovery momentum may strengthen. * Between 0.6900 and 0.7000: consolidation and resistance testing may continue. * Below 0.6900: short-term bearish pressure may return. * Below 0.6870: the recovery structure may fail. The key level to watch is 0.7000. This zone may decide whether AUD/USD can shift from a simple rebound into a more meaningful recovery. What do you think? Will AUD/USD break above 0.7000 and continue toward 0.7060? Or will sellers defend the resistance zone and push the pair back toward 0.6900–0.6870? Please share your view below.