AUDUSD: Upward momentum stalling near resistanceAUD/USDOANDA:AUDUSDParadise_NoirAUDUSD has staged a solid recovery, but the price is now stalling around the 0.7050 level. This area has previously triggered market reversals, indicating that buyers are struggling to sustain momentum. From a macroeconomic perspective, the AUD lacks fundamental support as Australian inflation came in below expectations, reducing the likelihood of further policy tightening by the RBA. Meanwhile, the USD remains supported by the Fed's cautious stance. If buying pressure continues to wane below 0.7050, AUDUSD could undergo a correction toward the 0.6986 level. I prefer waiting for a rejection signal at 0.7050 to look for selling opportunities, targeting 0.6986.