Australian Dollar / U.S. Dollar
Long
Updated

AUD/USD BullishReversalConfirmed/TargetingKey Resistance0.06600+

98
The AUD/USD 4H chart presents a textbook Smart Money Concept (SMC) setup:

✅ Change of Character (CHoCH) after a major bearish move

✅ Price entered a well-defined Demand Zone
✅ Formed a Bullish Reversal Pattern near the Support Level / Weak Low
✅ Clear Break of Structure (BOS) and upside momentum starting

📍 Key Targets:

Resistance Area: 0.6550 – 0.6600

Strong High: Potential liquidity grab zone.

📌 Confluence Areas:

Volume shift showing buyer strength

Liquidity sweep followed by bullish candle structure

RSI divergence confirmation (optional if mentioned)

This move aligns with institutional order flow theory and is supported by strong price action. As long as price holds above the Demand Zone, bullish continuation is likely.
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