UD/USD Key Reaction Zone in Sight – Price Action Setup Ahead

The market is approaching a critical zone between 0.6489 and 0.6500, highlighted as the Monitor Zone. This area previously acted as a turning point, and current momentum suggests it could play a significant role again.

A sharp reaction from this level could offer potential directional confirmation. Price is currently hovering around 0.6443, and a move into the zone will be closely observed for signs of momentum shift.

Keep this zone on your radar—how price behaves here could shape the next move. Remember, observation and patience are key.

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AUD/USD (Short-Term Outlook)

Current Price: 0.64437

Monitor Zone: 0.64894 – 0.65000

Key Resistance: Around 0.65000

Target Area: Near 0.63969 (potential downside objective)

Setup: Price is approaching a high-interest zone (Monitor Zone), where past sellers were active. A reaction from this zone could indicate a potential reversal or continuation depending on price behavior.

Risk Management: Controlled zone above 0.65061 to manage exposure.

Outlook: Waiting for price to enter the Monitor Zone to assess market sentiment. Watch for candlestick signals or volume confirmation around that level.

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