The AUDUSD on H1 has been consolidating within a range defined by key support at 0.70008 and resistance near 0.7018. Recent price action shows a bullish reversal pattern, with the close at 0.70088 triggering a rally toward the resistance level. The entry at 0.70148 aligns with a potential breakout from this consolidation, supported by moderate volume spikes suggesting renewed buying interest. The price has tested the lower end of the range multiple times, indicating strong support, and the recent close above 0.7018 validates the bullish momentum. A break above resistance could signal a shift toward higher prices, with the 0.7052…

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