The AUDUSD H4 chart shows a consolidation phase following a downward trend, with the price hovering near key support levels. Recent candles indicate a potential reversal setup, as the close on the last candle (0.68878) approaches the 0.687 support, which has acted as a psychological floor. The bullish momentum is evident in the recent low at 0.68878, where the price found traction after a series of lower highs. Volume on the last candle (1579) is relatively low, suggesting a possible pause in selling pressure, while the prior candles show increased volume during retracements, indicating stronger participation. The current configuration suggests…

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