AUD/USD Approaching Key Point Of Interest: Reversal Ahead?
Technical Analysis for AUD/USD - 4H Chart
The AUD/USD pair is approaching a key demand zone (point of interest) around 0.6130–0.6170, where a potential bullish reversal could occur. If buyers step in, the price may rally toward the 0.6389 resistance level (target area).
A strong rejection from the demand zone would confirm bullish momentum, while a breakdown below could signal further downside continuation.
Traders should watch for confirmation before entering long positions.
If you enjoy, press the like button.
The AUD/USD pair is approaching a key demand zone (point of interest) around 0.6130–0.6170, where a potential bullish reversal could occur. If buyers step in, the price may rally toward the 0.6389 resistance level (target area).
A strong rejection from the demand zone would confirm bullish momentum, while a breakdown below could signal further downside continuation.
Traders should watch for confirmation before entering long positions.
If you enjoy, press the like button.
Trade active
Note
Congratulations guys, trade running 130 pips+ profits.Trade closed: target reached
Congratulations guys, 150 pips+ profit booked.
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.