The AUD/USD H1 chart displays a consolidation phase within a range of approximately 0.7000 to 0.7025, with the price recently hovering near the upper boundary. The last three candles show a gradual upward trend, with the close at 0.70159 (1781899200) and 0.70189 (1781892000) indicating potential bullish momentum. The entry level at 0.70148 aligns with a breakout from this range, supported by a recent high of 0.70254. Volume has been moderate in the consolidation phase but spiked on the 1781906400 candle (0.70125-0.70111), suggesting renewed interest. The SL at 0.70008 corresponds to a key support level, where the price has previously found…

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