AUDUSD Rejection After Liquidity Sweep at Major Resistance

283
AUDUSD has reached a major resistance zone where price swept the previous highs, triggering buy-side liquidity before showing signs of rejection. This liquidity grab suggests that smart money may have filled sell orders above resistance, making this area a key decision point for the market.

As long as price remains below the highlighted resistance, the bearish bias remains valid. A sustained rejection from this level could lead to a move back toward the nearest demand zone, with the larger support area acting as the primary downside target. The marked H1 order block also adds confluence for a potential continuation to the downside if sellers maintain control.

However, traders should remain patient and wait for bearish confirmation, such as a lower high or strong bearish candle, before considering short positions. If buyers manage to secure a clean breakout and close above the resistance zone, this bearish setup would be invalidated and could open the door for further upside continuation.

Key Technical Confluences:

* ✅ Major H1 resistance zone
* ✅ Buy-side liquidity sweep
* ✅ Bearish rejection from resistance
* ✅ H1 Order Block confluence
* ✅ Potential move toward demand/support if rejection holds

Bias: Bearish below resistance. A confirmed rejection favors downside continuation, while a strong breakout above resistance shifts the bias to bullish.
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.