The AUDUSD H1 chart reveals a bullish consolidation phase following a sustained uptrend. Recent closes have formed higher lows, with the price action consolidating between 0.70008 and 0.70255, suggesting accumulation at key support. The last three candles show a strong close near the high of the range, indicating bullish momentum. Volume spikes at 0.70155 and subsequent rallies confirm institutional buying pressure, aligning with the signal's entry near the recent high. The structure hints at a potential breakout toward the 0.7052 target, as the price has consistently tested and held above the 0.70148 level, reinforcing its significance as a psychological barrier.…

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