BUY AUDUSD – 0.70586

The trade is anchored on a clear order‑block formation near 0.7059 that aligns with a London‑session market‑structure swing reversal, confirmed by a surge in volume and a 4‑hour support zone at 0.7045 that serves as the stop‑loss. Multi‑timeframe analysis shows the lower‑timeframe bullish bias despite a bearish higher‑timeframe bias, creating a “buy‑the‑sweep” opportunity. On the fundamental side, the Australian dollar has been rallying after a surprisingly strong US non‑farm payrolls report, lifting risk appetite, while the Reserve Bank of Australia remains dovish, limiting upside pressure on rates. Although the Westpac consumer‑sentiment survey is weak, the broader risk‑on environment dominates, justifying a short‑term long position with three staged profit targets.