The AUDUSD on the H4 chart is in a consolidation phase after a recent pullback, with the price hovering near a key support area that has held since the last swing low. Volume on the most recent candles has risen sharply, reaching over 70,000 units, indicating a strong buying interest that supports the potential for a breakout above the current resistance zone. Technical indicators show the relative strength index edging toward overbought territory, but the price remains below the 200‑period moving average, suggesting that a short‑term rally is still possible. Given the combination of a solid support level, increased volume,…

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