On the H1 chart of AUDUSD the price has been oscillating between 0.698 and 0.702 over the past 55 hours. A strong bullish thrust on 2026‑07‑16 14:00 UTC pushed the pair to 0.7016, backed by a volume spike of 4,751, confirming aggressive buying pressure. The subsequent pull‑back to the 0.698–0.700 zone was smooth, with declining volume, indicating a lack of strong sellers. The most recent candles have carved a higher‑low at 0.699 and a tentative support line around 0.6980, while the 0.7005‑0.7010 range acts as immediate resistance. Momentum remains positive, as the close of the last bar stayed above the…

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