The AUDUSD H1 chart displays a bullish consolidation phase following a recent low at 0.68883. Price has formed higher lows and higher highs, with the close at 0.68978 marking a key support level that acted as a pivot point. The recent bullish candlestick patterns, including a bullish engulfing and higher closing prices, suggest accumulation near the 0.68978 area. Volume remains moderate but shows increasing activity on the last few candles, indicating potential buying interest. The pair has been range-bound between 0.6888 and 0.6905, with the upper boundary acting as resistance. A breakout above this resistance could signal a continuation of…

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