On the H1 chart of AUD/USD, the market has been confined between a tight 0.715–0.718 range since the start of the window. Recent candles show a series of lower highs – the last high at 0.71762 was rejected and the close slipped to 0.71687, confirming bearish momentum. Volume peaked during the early breakout attempt (5,380 and 5,225 contracts) but has since tapered to sub‑1,000 levels, indicating diminishing buying interest and a lack of conviction to sustain an upside move. Key resistance around 0.7180 held firm, while the 0.7125‑0.7120 zone has acted as strong support in prior sessions. A pull‑back to…

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