AUD/USD 0.7127 – FIBO CONFLUENCE | BULLISH SCENARIO

AUD/USD 0.7127 – FIBO CONFLUENCE | BULLISH SCENARIO AUD/USD OANDA:AUDUSD hungminskfibotrung AUD/USD 0.7127 – FIBO CONFLUENCE | BULLISH SCENARIO 📈 AUD/USD continues to maintain a dominant bullish trend, with the market structure still intact and no clear reversal signal appearing. The key area to watch is 0.7127. When applying trend-following Fibonacci, the 0.5–0.618 retracement zone converges with the 0.7127 key level, creating a notable Fibo Confluence zone. 🎯 Main scenario: If price retraces toward 0.7127 and then shows signs of rejection to the downside or weakening selling pressure → prioritize a BUY in line with the bullish trend. Bias: BUY 📈 Fibo Confluence Zone: 0.7127