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.
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