On the AUDUSD M5 chart the last three days have shown a clear swing from a high of 0.7075 down to a trough near 0.7003, followed by a tight consolidation around 0.7010‑0.7012. The 0.70033 low on June 18 was defended by a volume spike of 501 contracts, indicating strong buying at that level. Since then each higher low has been confirmed with steady volume (150‑200 contracts), turning the former trough into a robust support zone near 0.7007. The upper edge of the box, around 0.70115‑0.70125, now acts as resistance; a break above it would signal renewed bullish momentum. A buy…

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