On the M5 chart the AUD/USD pair has carved a clear support zone around 0.7010 after a sharp dip that began near 0.7075 and fell through the 0.7003‑0.7009 range. The last three candles (≈0.70112‑0.70118) close above the low‑side of the range, while volume, though modest, spikes on the upward closes, indicating that buyers are stepping in. Momentum indicators align: the price opened lower but each successive close is higher, forming a series of bullish close‑to‑close bars that suggest a short‑term reversal. The 0.7010 level now acts as a floor, and a break above the recent high of 0.70128 would trigger…

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