AUD/USD Trend Shift: Buy the Dip or Short the Rally? – Feb 27AUD/USDOANDA:AUDUSDfuinvest🌏 G'day traders! Fuinvest here! The Australian Dollar is at a make-or-break level—will the bulls regain control, or are the bears setting up for another leg down? Let's dive into the technicals! 📊🔥 📊 Price Action Overview AUDUSD has been in a downtrend, with price consistently rejecting key EMAs. However, buyers are showing some resilience at support—will it hold, or is this just a temporary bounce? ✅ Support Zone: The 0.6290 - 0.6300 area aligns with a recent low, providing a possible demand zone. ✅ Resistance Zone: The 0.6325 - 0.6340 range is where sellers have been active, reinforced by the 89 EMA (Yellow). ✅ Volume: Increasing sell volume indicates bearish dominance, but watch for a shift if buy-side pressure steps in! 🔍 📈 EMA Analysis (34, 89, 200) The Exponential Moving Averages (EMAs) confirm the bearish momentum: 34 EMA (Grey): Currently acting as dynamic resistance. 89 EMA (Yellow): A key pivot level where sellers have repeatedly stepped in. 200 EMA (Pink): At 0.6339, confirming the broader bearish structure—buyers need to reclaim this to shift momentum! 🚨 📌 Trade Recommendations (Buy & Sell Setups) 🐂 Bullish Case (Buy Setup): ✔️ Entry: Buy in the range 0.6295 - 0.6305. ✔️ Stop Loss (SL): Below 0.6275 to minimize risk. ✔️ Take Profit (TP1): 0.6325 (First resistance level). ✔️ Take Profit (TP2): 0.6345 (Extended bullish target). ✔️ Look for bullish divergence or strong volume confirmation. 🐻 Bearish Case (Sell Setup): ❌ Entry: Sell if price rejects 0.6325 - 0.6335 resistance. ❌ Stop Loss (SL): Above 0.6355 to avoid fake breakouts. ❌ Take Profit (TP1): 0.6300 (First support level). ❌ Take Profit (TP2): 0.6280 (Deeper bearish target). ❌ A break below 0.6290 could accelerate downside momentum. 🎯 Conclusion AUD/USD remains bearish below 0.6335, but buyers are attempting to hold support at 0.6300. If bulls can reclaim key levels, we might see a recovery—otherwise, sellers could take control for another push lower. Stay sharp! ⚠️ 📢 What’s your view? Will AUD/USD reverse, or is the downtrend set to continue? Let’s discuss! 💬👇 🚀 Follow Fuinvest for daily forex insights 📊💰 and learn how to create passive income with smart trading strategies. Stay tuned for more updates! 🔥