BUY AUDUSD – 0.70735

The trade combines technical breakout signals (order block and equal high/low sweep) with fundamental USD weakness from soft US retail sales data (-2.6% mom Westpac confidence impact contained post-RBA hike). High volatility environment favors momentum plays, though MTF bearish alignment and OBV conflict introduce caution. Asian equity outflows (foreign investors sold $9.79B Asian stocks) create AUD headwinds, but USD broad weakness (DXY decline, gold rally) offsets this. Technicals show excellent entry alignment with H4 bullish confluence, targeting liquidity above recent highs while placing SL below structural support at 0.70595. Fundamental support comes from Singapores upgraded GDP forecast (2-4%) reflecting regional strength, while US employment cost index data looms as next catalyst.