On the H1 chart of AUDUSD, the recent session shows a classic reversal pattern. After a deep bearish candle at 2026‑06‑17 14:00 UTC that plunged the price to 0.70415 on heavy volume (15,341 contracts), the market found a firm floor near 0.7000. Subsequent candles have higher lows, with the last three hours closing above 0.7012 and volume tapering, indicating reduced selling pressure. The 0.70148 entry sits just above the emerging support zone, while the stop at 0.70008 protects the short‑term low. The next resistance lies around 0.7045‑0.7060, matching the prior swing high, making the TP level well‑aligned with the historical…

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