Just noticed the AUD is backing off a bit after that solid run-up. Pulled back below 0.7100 after hitting a four-week high not long ago, but honestly it doesn't feel like there's much conviction behind the dip. The US dollar's been weakening lately - hit its lowest since early March - which is helping prop up the AUD. Mix that with the RBA staying hawkish and some geopolitical easing, and you've got decent tailwinds for the pair. Technically, the setup still looks bullish as long as we're holding above the 200-period EMA on the 4-hour chart. RSI is hovering around 60, so buyers are definitely still in the game, just not pushing hard into overbought territory yet. MACD's flattening out near zero, which tells me momentum is there but it's not exactly explosive. For levels to watch: resistance is at 0.7111 and the recent swing high around 0.7186. On the downside, if we break support at 0.7052, the next zone is 0.7010 and then the 200 EMA near 0.6994. A clean break below that opens the door to 0.6969 and potentially back toward 0.6834. Worth keeping an eye on how this plays out over the next few sessions.