On the H1 chart of AUD/USD, the pair has been consolidating between 0.7170 and 0.7185 after a sharp dip to 0.7137 earlier in the session. The 0.7180‑0.7185 zone acted as recent resistance, capping the rally, while the 0.7165 level now provides a firm support. The last three hourly candles have produced lower highs and a narrowing range, with closing prices slipping below the prior bar’s high. Volume has been modest but slightly higher on the down‑tick, indicating that sellers are stepping in without strong buying opposition. With momentum turning negative and the price testing the upper band of the range,…

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