AUDUSD H4: Ascending Channel Continues to Drive the TrendAUD/USDOANDA:AUDUSDMarcus_lawsonOverview: AUDUSD continues to maintain a bullish structure on the H4 timeframe, consistently forming higher lows and moving steadily within the ascending channel. Price is currently approaching the upper boundary around 0.7150–0.7154, indicating that bullish momentum remains intact, although the risk of a short-term pullback is increasing. Current Price: Around 0.7140 Outlook: The preferred scenario is to wait for a pullback toward the 0.7090–0.7100 zone. If this area continues to hold and buying pressure returns, AUDUSD could resume its recovery and retest the 0.7150–0.7154 area. The bullish scenario would weaken if price breaks clearly below 0.7090 and loses the lower boundary of the ascending channel.