The AUDUSD H1 chart reveals a consolidating pattern with recent price action forming a clear support level at 0.69171. The preceding candles show a series of lower highs and higher lows, indicating a potential bullish reversal. The close near the support level, combined with increased volume (3710) on the entry candle, suggests accumulation pressure and a possible breakout. The price has been testing key resistance levels around 0.69564, which aligns with the target price. The current structure shows bullish momentum building as the price approaches the support level, with the close above the prior low signaling strength. The setup favors…

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