AUD/USD Breakdown in Progress – Time to Sell the Aussie?

Hey traders! AUD/USD just gave us a clean rejection from a major supply zone. Let’s break this down 👇


---

🟦 Supply Zone: 0.65100 – 0.65300
The pair was rejected sharply from a strong supply area after multiple failed attempts to break through. This is a clear sign of seller dominance in this region.

🔻 Current Price: 0.64980 – Showing early signs of a bearish reversal.


---

📉 What I'm Watching Next:

First key support: 0.64487

If that breaks, next target = 0.63698
(strong demand zone + previous liquidity grab area)


🟠 Watch for bearish continuation candles around 0.64800 to confirm further downside pressure.


---

📅 Upcoming Risk Events:
U.S. economic data releases on June 13 could fuel more volatility – mark your calendar!


---

💡 Trade Setup Idea:
Short on retest of 0.65000–0.65100
🎯 Target 1: 0.64487
🎯 Target 2: 0.63700
🛑 SL: Above 0.65350 (above supply zone)


---

🔔 Are the bears taking over AUD/USD?
Comment your thoughts or charts below!
📲 Don’t forget to follow me for more clean breakdowns!

#AUDUSD #ForexAnalysis #PriceAction #SmartMoney #TradingView #FXSignals #SupplyDemand #LuxAlgo