Looking for a short around 1.9075–1.9130. Price has pushed back into a key resistance/supply area after an extended move higher and is beginning to show rejection. The recent ascending structure/trendline is also being tested, giving me confluence for a potential bearish reversal.

My stop is positioned above the recent resistance/swing area to invalidate the setup if buyers regain control. Target is the larger demand/support zone below, giving the trade a strong risk-to-reward profile.

I’m looking for sellers to take control and for price to break the nearby support zone before continuation lower. Recent broader analysis has also noted AUD strength/risk sentiment and resistance as important drivers for AUD crosses.

Bias: Bearish below resistance
Confirmation: Break/retest of current support
Invalidation: Clean move above the recent swing high/supply zone